May 5, 2014

Big Names Vying for Nevada MMJ Business Licenses

Nevada’s medical marijuana gold rush is attracting speculators with deep pockets, political connections and backgrounds in big business.

Clark County recently received 206 proposals from more than 100 groups for medical marijuana businesses targeting unincorporated areas of the county. The Las Vegas Review Journal sifted through those applications and found that a wide range of elite business people, former politicians and medical professionals are behind the applications.

mjfactbook14storyhorizontal336 e1397581896865 Big Names Vying for Nevada MMJ Business LicensesPerhaps the most surprising applicant: Sig Rogich, who worked as a presidential adviser to Ronald Reagan and George H.W. Bush. Rogich currently operates a public relations firm in Nevada, which just eight years ago managed a campaign that challenged a medical marijuana ballot initiative.

Other applicants include:

- Former Las Vegas assemblyman Chad Christensen, who has teamed up with local banking veteran Daniel Brasov.

- Former Planet Hollywood Resort President Bill Feather, who is partnered with Oscar B. Goodman, the son of Las Vegas’s former mayor.

- Lobbyist and former Nevada legislator David Goldwater, who has teamed up with Greta Carter, president of the Cannabis Training Institute in Seattle.

- Camille Ruvo, the wife of Larry Ruvo, a local philanthropist and senior managing director of the largest distributor of alcoholic beverages on the Strip.

- Nick Spritos, director of the Women’s Cancer Center of Nevada, who has partnered with oncologist Geoffrey Hsieh.

Las Vegas and Reno have yet to accept applications for medical marijuana businesses. Both cities will likely attract a similarly elite field.


6 Comments:

  1. Yep, totally unfair to small entrepreneurs. Unfair that companies are coming from out of state, that these are monied people and companies and we just can’t compete. Couple that with political cronyism and corruption and there’s just no way this is merit based licensing.

  2. …Each state will have its restrictions and options, but it is safe to assume that, at least in the beginning, real money will have to be put up front…

  3. Sig has a middle school in Clark County named for him. Wonder if the CCSD (which receives federal funds) will change the name of the school if Rogich starts selling a Schedule 1 substance.

  4. WOW CANNABIS BROTHERS AND SISTERS!!! I BELIEVE WE’VE MADE A MAJOR FAUX PAS in under estimating the organized crime or politicians. I mean i expected some one offs from past heavys trying to resurface but THIS IS A LIST!! Hold on cause CA and every other state until it’s 100% legal will get tougher and tougher with these money maker sell your soul over and over bastards. Luckily because of these same regulation, people will always have local home grown top shelf buds a plenty. GOD HELP US ALL!!!

  5. Everyone that voted for tax and regulate should have known the business was going to be turned over to cronies. In states where the legislators turned it over to cronies are cronies themselves. ‘course they rationalize aka lie that they are protecting us. What scum

  6. In Florida with growing CBD the requirements are 30 years in the nursery business, 5 million performance bond, medical director on staff, and only five dispensaries in the state. Too restrictive and unfair for mom and pop growers.

Post Your Comment:


Please note:
Comments are moderated by our editors who do their best to approve comments ASAP. As MMJ Business Daily is focused on business, we approve comments that are specifically relevant to industry professionals. General opinions and questions about cannabis may not be posted.

Recreational Cannabis Law Boosts Other Businesses in Colorado

Marijuana-related companies aren’t the only businesses benefiting from the legalization of recreational cannabis in Colorado. [click to continue...]

29 Groups Interested in Applying for Minnesota MMJ Licenses

MinnesotaMarijuana

More than two dozen groups have officially expressed interest in applying for licenses to cultivate, [click to continue...]

Panel Differs on Impact of Rec Industry on Colorado’s Economy

Is the legalization of recreational marijuana in Colorado making the state less attractive to businesses [click to continue...]

IL Municipalities Seeking Contributions From MMJ Firms

With Monday looming as the deadline in Illinois for medical marijuana business applications, a number [click to continue...]

Warren Buffett’s Subsidiary Company Testing Cannabusiness Waters

Buffet

A subsidiary company of Warren Buffet’s Berkshire Hathaway conglomerate is is reportedly exploring the waters [click to continue...]

New Poll Good News for D.C. Marijuana Legalization

A ballot measure to legalize possession of marijuana in Wasington D.C. got a boost on [click to continue...]

WA Rec Shop Lottery Winners At Risk of Losing Licenses

Washington State is warning dozens of applicants for recreational marijuana business licenses that their chance [click to continue...]

Lawsuit Over ‘Pot Pavilion’ Highlights New Cannabis Business Risks

Cannabislegality

A Colorado marijuana edibles company is under increasing heat as a lawsuit filed against its [click to continue...]

Lobbying Group Turns Tables on Overconsumption Story

The Marijuana Policy Project (MPP) is using a now-infamous first person account of excessive cannabis [click to continue...]

Consultant Company Pursues IPO-Friendly Restructure

mjardin

Mjardin Management isn’t exactly an original idea, given that it’s a consulting and management company [click to continue...]

IL Gubernatorial Candidate: Auction Off MMJ Licenses

If Republican Bruce Rauner had his way, Illinois’s 60 medical marijuana dispensary permits and 21 [click to continue...]

Black Market Marijuana Dealer Targets Rec Store’s Customers

Although recreational marijuana proponents often argue that legalizing and taxing cannabis will help undercut illegal [click to continue...]

Colorado Banking Co-Op Program Stalls

coloradocannabis

An attempt to ease the lack of banking services for Colorado’s cannabis industry may prove [click to continue...]

Lawsuit Filed Over Florida MMJ Lottery Plan

Should states rely on chance to decide who gets to produce medical cannabis? A Florida [click to continue...]