Hundreds Apply for Nevada MMJ Business Licenses
Entrepreneurs submitted nearly 400 applications for medical marijuana business licenses in Nevada by Monday’s deadline, highlighting the intense level of interest in the state’s MMJ program.
The Nevada health department received 370 applications for dispensaries, cultivation centers, testing labs and production facilities.
The deadline for applications was 5 p.m. Monday, but mailed submissions that are postmarked by that time will also be considered.
The state expects the final tally to approach 500 applications.
Those hoping to get a business license in Nevada’s new medical marijuana industry have to pony up $5,000 just to apply, meaning the state could generate more than $2 million from the application process.
The number of licenses the state ultimately decides to hand out has yet to be announced, but there could be up to 66 dispensaries. Applicants need to receive both state and local approval to set up shop, and many cities and counties are setting up their own rules on the industry.
After waiting more than three months for an answer, David Blair finally got the good [click to continue...]
Growers and dispensaries in San Francisco are seeing a spike in demand for organic cannabis [click to continue...]
A cannabis company in Washington State is capitalizing on the Super Bowl in a big [click to continue...]
In advance of new regulations for infused products in Colorado, many recreational stores in the [click to continue...]
Cannabis businesses may face obstacles if Loretta Lynch is confirmed as the next U.S. attorney [click to continue...]
The U.S. Securities and Exchange Commission has approved a share registration by a company that [click to continue...]
The chances that Pennsylvania could become one of the next states to legalize medical marijuana [click to continue...]
Another mainstream investment firm is hoping to cash in on the cannabis industry. Tao Capital [click to continue...]
The former TV reporter who generated controversy last fall when she quit her job on-air [click to continue...]
Well that was quick. MBank, the Oregon-based financial institution that recently announced it would begin [click to continue...]
Entrepreneurs continuing the fight for medical marijuana in Florida have found an ally in Republican [click to continue...]
It’s official: Native Americans are getting into the marijuana industry. The Pinoleville Pomo Nation announced [click to continue...]
Former Illinois Gov. Pat Quinn, who left office earlier this month without granting medical marijuana [click to continue...]
How popular is the marijuana business in Colorado? Here’s one indication: A single county that [click to continue...]