MJBizMag August 2020 - 32

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

MJBizMag August 2020

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