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Nevada Doubles Marijuana Possession Limits, Eases Industry Regulations

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Nevada Doubles Marijuana Possession Limits, Eases Industry Regulations

Effective January 1, 2024, Nevada has enacted a sweeping marijuana reform law that significantly increases the state’s possession and purchase limits for cannabis products. The new legislation, signed into law by Governor Joe Lombardo in June 2023, more than doubles the legal limit for recreational marijuana from one ounce to 2.5 ounces.

The law also doubles the possession limit for cannabis concentrates, raising it from one-eighth of an ounce to one-quarter of an ounce. This change provides Nevada consumers with greater access to a wider range of marijuana products.

In addition to the increased possession limits, the new law consolidates licensing rules and broadens eligibility for participation in the state’s cannabis industry. It allows adult-use marijuana retailers to automatically serve as dual licensees, no longer requiring a separate medical cannabis license. The legislation also gives regulators more discretion when considering licenses for individuals with prior felony convictions, provided they do not pose a threat to public health or safety.

Other key provisions of the law include exempting medical marijuana patients from the state’s excise tax at recreational retailers, reducing licensing fees, and requiring regulators to consider the environmental impact of any proposed industry rule changes.

The sweeping reforms aim to further expand Nevada’s thriving cannabis market while ensuring equitable access and promoting environmental sustainability. With these changes, Nevada continues to position itself as a leader in progressive marijuana policies.

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