Lawmakers Hold Hearing On Bill To Regulate And Tax Marijuana in Nevada

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Updated: 4/05/2013 8:59 am
Carson City, NV (KRNV & -- The Nevada Assembly Judiciary Committee is holding a hearing Friday morning on a bill to make marijuana legal for adults and establish a system in which marijuana is regulated and taxed similarly to alcohol.

A.B. 402, introduced by Assemblyman Joe Hogan (D-Las Vegas), would allow adults 21 and older to privately possess up to one ounce of marijuana and grow up to six marijuana plants in an enclosed, locked space. It also directs the Department of Taxation to license and regulate marijuana retail stores, cultivation facilities, product manufacturing facilities, and testing facilities, and it establishes an excise tax on wholesale and retail sales, which will be directed to the State Distributive School Account in the State General Fund.
It would remain illegal to use marijuana in public or drive under the influence of marijuana, and employers would be able to maintain their current employment and drug-testing policies.

Karen O'Keefe, director of state policies for the Marijuana Policy Project, is attending the hearing to testify in support of the bill.

"The current system of marijuana prohibition has failed, and it is time for a more sensible approach," O'Keefe said. "Marijuana is objectively less harmful than alcohol, and it is time to start treating it that way."

The hearing begins at 8 a.m. in the Legislative Building in Carson City.

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PCavnar - 4/6/2013 6:09 PM
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Not another dumb legalizing idea from our legislators... Where does the money come from to oversee all of the sales and audit the taxes charged for sales of marijuana? The regulated drug will rarely be sold because it will then be much more expensive than what is available on the street now, illegally. Growing your own makes no sense because it will only be a way out for those giving (read: selling) it to their friends. Besides, the would be no such thing as "legal" use when your employer can still require a random drug test and you would lose your job. Or, if unemployed, you won't be able to get a "real" job at all. As long as it is still a federal crime, Nevada has no business trying to regulate and tax an illegal substance. No, the present system hasn't failed at all and any form of legalization will only make the situation far worse.

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