Nevada’s recreational marijuana supply is drying up. A lesson there for California?
Nevada is running out of weed – the legal kind.
About a week after the state legalized the use of recreational pot, the state’s 47 licensed marijuana stores are nearly depleted. The unexpected shortage was caused by a bottleneck in granting distribution licenses and legal challenges.
California officials better be watching carefully. Its voters legalized recreational marijuana use in November and come next Jan. 1 you will be legally allowed to buy marijuana in cities where it’s allowed.
What’s the big deal in Nevada? Well, when you consider that the state anticipates collecting at least $70 million in recreational marijuana taxes in the first two years, then you understand the urgency.
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