2024 Nevada Cannabis Laws: Increased Limits and Industry Reforms Reshape the Landscape

New Legislation Expands Possession Limits and Overhauls Licensing in Nevada’s Cannabis Sector

The landscape of cannabis laws in Nevada witnessed a substantial transformation effective January 1, 2024, following a law enacted during the 2023 legislative session and ratified by the Governor. These modifications notably increase the permissible amounts of marijuana for adult consumers, accompanied by significant alterations impacting licensees, dispensaries, industry ownership, and employment within the cannabis sector.

For consumers, the primary modification revolves around the augmentation in the quantity of cannabis an adult may purchase and possess. As of the aforementioned date, individuals aged 21 and above are now permitted to possess, deliver, or produce up to 2.5 ounces of marijuana or 0.25 ounces of THC concentrate. This substantial increase from the previous allowable limits of 1 ounce of marijuana and 1/8 ounce of THC concentrate marks a pivotal shift in permissible quantities for adult recreational use.

However, it’s important to note that these changes in the law solely impact the amount of marijuana that an adult can buy and possess. Existing restrictions on recreational marijuana purchase and usage through licensed dispensaries remain unchanged. The prohibition of public consumption and purchase limitations is upheld, emphasizing the need for compliance with established regulations to avoid potential criminal charges.

Senate Bill 277, the legislation behind these changes, not only elevated the permissible limits but also ushered in numerous modifications predominantly affecting licensees, dispensaries, and the functioning of the cannabis industry.

One significant alteration is the streamlining of licensing requirements for dispensaries. Effective 2024, a single license suffices for the sale of both recreational and medical marijuana products, replacing the previous mandate for dual licenses. This strategic move is seen as a pro-business initiative aimed at reducing bureaucratic hurdles within the industry.

Moreover, the law permits cannabis retailers to have multiple secure entrances, departing from the previous limitation of a single secure entrance. Additionally, the amendments eliminate the excise tax on medicinal cannabis sales and enable local authorities to allocate tax revenue from marijuana sales to public education campaigns emphasizing safe consumption and distinguishing legal from illegal retail operations.

Another pivotal change revolves around employment opportunities within the cannabis industry. Previously, individuals with felony convictions were barred from working or owning businesses in this sector. However, the new law introduces a pathway for those with felony convictions to apply for an agent card through the Nevada Cannabis Control Board (CCB). This process involves a comprehensive evaluation comprising a background check, record review, and a hearing conducted by the CCB to determine eligibility.

While these changes present a progressive shift in the cannabis landscape, it’s essential to highlight that the law did not alter the criminal statutes governing marijuana use and purchase in the state. Regulations surrounding DUI for marijuana, purchase limitations, and consumption in public spaces remain unchanged, underscoring the importance of adhering to the established legal framework to avoid potential legal repercussions.

The amendments signify a pivotal step towards a more progressive regulatory framework for the cannabis industry in Nevada, fostering a conducive environment for the sector’s growth. However, strict adherence to legal norms and an understanding of the limitations remain imperative to navigate the evolving cannabis laws effectively.