Marijuana Business Magazine July 2019

July 2019 | mjbizdaily.com 37 Nevada Gov. Steve Sisolak signed legislation into law to create a Cannabis Compliance Board and prohibit local governments in the state from licensing marijuana social consumption businesses. The social-use provision expires July 1, 2021, which would leave the state without such venues for up to two years. The Cannabis Compliance Board was one of the governor’s top priorities this year, and Sisolak compared it to the state board that oversees gambling and casinos. New Jersey The state health department announced a plan to issue up to 108 additional medical marijuana licenses, which would significantly boost business opportunities in New Jersey, which has awarded only 12 vertically integrated licenses. The plan will offer up to 54 separate dispensary licenses, 30 processing permits and 24 cultivation licenses. Applications were expected to be available July 1, with submissions due Aug. 15. Current license holders are eligible to participate in the new application round. The state has specified the geographic makeup of the licenses.