Deadline looms for applicants hoping to get into Nevada medical marijuana business

Reported by: Jaime Hayden
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Updated: 8/05/2014 5:56 pm
CARSON CITY, Nev. ( & KRNV) -- Medical marijuana dispensaries will soon be up and running in the Silver State. If you want to get into the business, now is your chance.

Nevada began accepting applications Tuesday for medical marijuana establishments. "The opening of the medical marijuana establishments is a new and very exciting time for us here in Nevada,” said Division of Public and Behavioral Health Chief Medical Officer Dr. Tracey Green.

Throughout the 10-day application period, officials expect up to 500 applications for dispensaries and cultivation, processing and testing facilities. By Tuesday, four people applied for a state license. "It’s an independent and fair process and as you probably read in the application, there is an identified portion of the application and a non-identified portion, and each part is reviewed separately,” said Medical Marijuana Bureau Chief Chad Westom.

Westom said every application will be reviewed by 15 experts, divided into teams of 3. They will be looking for specific criteria such as security and more. "Financial operation, their business experience, what they show us as far as their relevant experience in the industry, maybe from other states."

Throughout the next three months, applications will be ranked and eventually given to local jurisdictions in rank order. But for a provisional license to be issued, it is ultimately up to local governments. "And a local government choses whether it’s zoning or business licensing that they don’t agree and they're not going to offer the local approvals," said Westom. "If they deny that business, then we will let them know what the next one is."

66 dispensaries are allowed in Nevada, with 10 in Washoe County. There is a non-refundable $5,000 establishment application fee. To get a provisional license for dispensaries, there is an additional $30,000 fee.

You can apply in person or mail your application through August 18th. On November 3, every applicant will be listed online in ranking order.

For more information on the application process, click here.
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sierra11 - 8/6/2014 1:48 PM
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$30k and 5k "non-refundable" license fee? So they plan to make money this way too! This whole thing is a disaster, Alaska tried this in the 1980's. It was such a mess it was repealed not to many years later.

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