Marijuana oversight board wins broad support at Nevada Legislature – NN Business View

CARSON CITY, Nev. — Representatives from law enforcement to cannabis are praising a plan to regulate the recreational marijuana industry in a framework based on Nevada’s successful gaming control system.

Assembly Bill 533 would set up a Cannabis Advisory Commission and the Cannabis Compliance Board, mimicking the Gaming Commission and Gaming Control Board.

The new agency would take over regulatory issues ranging from licensing to operation of dispensaries, growers, production of cannabis products and testing.

The actual tax collections from medical and retail cannabis products would remain the responsibility of the Department of Taxation.

“It’s long overdue for a Cannabis Compliance Board,” said Chuck Callaway, representing the Las Vegas Metropolitan Police Department, which he said supports the new agency.

Callaway was joined by several other law enforcement agencies in supporting the plan during testimony on Tuesday, May 21, before the Assembly Judiciary Committee.

“The growth of the industry is dependent on instilling confidence,” said Fernando Leal, owner and manager of dispensaries in Reno and Carson City. “This board will do that.”

According to previous reports, the new agency would cost a minimum of $4 million to operate. The proposal would require two new unclassified positions and six classified positions, five board members and eight advisory board members.

Brin Gibson of the governor’s office, who headed the team that developed AB533, said Tuesday the regulatory structure was modeled extensively after Nevada’s Gaming Commission and Control Board, which he described as the best gaming regulatory system in the world.

One thorny issue in the mix is the coming of cannabis consumption lounges. Gibson said by and large, the issue of consumption lounges should be left to local governments — specifically county commissions. He said those bodies should set the regulations for lounges and license them but could be tougher than the state’s regulations.

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