IndustryDevelopments | International & State Nevada At its first meeting, the state's Cannabis Compliance Board penalized vertically integrated operator CWNevada for a range of alleged regulatory violations including failing to pay state taxes, running afoul of the state's MJ inventory track-and-trace program, selling untested cannabis products and employees hiding or destroying evidence and lying to regulators. The company operated the Canopi dispensaries in Las Vegas as well as grow operations and production facilities in other parts of Nevada. Penalties levied by the CCB included: * A $1.25 million fine. * The revocation of six business permits. * The required sale of eight additional licenses. New Jersey Gov. Phil Murphy said legalizing marijuana could help the state with a serious budget shortfall caused by the coronavirus. Legalizing recreational cannabis would be " an incredibly smart thing to do, " Murphy said on a radio talk show. New Jersey voters will decide in November whether to legalize adult-use marijuana. 30 Marijuana Business Magazine | August 2020