Nevada cannabis business compliance guide

‍Market Type

In Nevada, cannabis is regulated by the Cannabis Compliance Board (CCB). Medical and adult-use cannabis are allowed. Nevada also allows visiting out-of-state medical patients to purchase medical cannabis as long as they have an ID card or other document to prove they are authorized to engage in the medical use of cannabis under the laws of the person’s home state.

Metrc and Inventory 

Nevada uses Metrc as their seed-to-sale state traceability system. 

Purchase Limits

Adult-use and Medical limits:

• One ounce (28.35 grams) of usable cannabis other than concentrated cannabis;
• One-eighth ounce of concentrated cannabis or cannabis products containing not more than 3,543 milligrams of THC; or
• A combination of usable and concentrated cannabis not to exceed the legal limit

Note: Per a bill signed by the Governor in June 2023, purchase limits will be increasing to 2.5 oz of flower or ¼ oz of concentrates in January 2024. The CCB will release more guidance as the date nears.

Taxes

Medical and Adult-Use Cultivation

• 15 percent excise tax on the wholesale sale; paid by the cultivator
  

Medical and Adult-Use Retail

• 10 percent excise tax on an adult-use retail sale; remitted by retailer

• Note: a valid medical patient card holder is exempt from the 10% retail excise tax whether buying medical or recreational. 

• Retail sales tax of 6.85% + variable local sales tax rate on medical and adult-use retail sales; remitted by retailer

Delivery

Delivery Operations

• Delivery Limits - per a single trip
• Adult Use Sales facilities cannot deliver more than 5 oz (141.75 grams) of cannabis, or equivalent, to any combination of consumers within a single trip
• Medical Sales facilities cannot deliver more than 10 oz (283.5 grams) of cannabis, edible products or any combination when making a sales delivery exclusively to patients/caregivers
• Delivery Limits - per consumer
• A cannabis sales facility shall not knowingly deliver more than 1 ounce (28.35 grams) of cannabis or cannabis products to a consumer in a private residence in one calendar d
• Delivery must be to the person who ordered the cannabis
• There is no delivery allowed to locations with gaming licenses

Things to Note

June 2023 Senate Bill 277

In June 2023, Governor Lombardo signed Senate Bill 277.

Highlights:

• All adult-use dispensaries will be regarded as dual med/rec licensees. These facilities will be able tto sell to medical patients and can conduct all activity as if they also had a medical license. Medical patients will not be charged excise tax on sales.
• After January 1, 2024, CCB will not renew any medical licenses unless the medical dispensary is in a jurisdiction that does not allow adult-use. Those medical dispensaries affected by this non-renewal can automatically be granted an adult-use license.
• In January 2024, Purchase limits for both medical and AU dispensaries will increase to 2.5oz or 1/4 ounce of concentrated cannabis. "A cannabis sales facility shall not sell to a person, in any one transaction, more than 2.5 ounces of usable cannabis or more than one-fourth of an ounce of concentrated cannabis" 

State Resources

The CCB compiles their proposed and final statutes and regulations here and publish their guidance documents here.

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