Some Nevada pot retailers 'running on fumes' - WFMJ.com News weather sports for Youngstown-Warren Ohio

Some Nevada pot retailers 'running on fumes'

Posted: Updated:
  • NationalMore>>

  • Trump supporters steadfast despite the immigration uproar

    Trump supporters steadfast despite the immigration uproar

    Thursday, June 21 2018 12:44 AM EDT2018-06-21 04:44:50 GMT
    (AP Photo/Susan Walsh). President Donald Trump speaks during a roundtable discussion on protecting American workers in Duluth, Minn., Wednesday, June 20, 2018.(AP Photo/Susan Walsh). President Donald Trump speaks during a roundtable discussion on protecting American workers in Duluth, Minn., Wednesday, June 20, 2018.
    Die-hard Trump supporters remained steadfast, even as heart-rending photos of children held in cages and audio of terrified children crying out for their parents stoked outrage among Democrats and Republicans alike.More >>
    Die-hard Trump supporters remained steadfast, even as heart-rending photos of children held in cages and audio of terrified children crying out for their parents stoked outrage among Democrats and Republicans alike.More >>
  • People donate millions to help separated families

    People donate millions to help separated families

    Thursday, June 21 2018 12:44 AM EDT2018-06-21 04:44:20 GMT
    (Ken Blevins/The Star-News via AP). Amanda and Leighlou Reece hold up a protest sign as hundreds of Wilmington residents protest the Trump Administration's family separation policies during a Keep Families Together Rally outside of Rep. David Rouzer's ...(Ken Blevins/The Star-News via AP). Amanda and Leighlou Reece hold up a protest sign as hundreds of Wilmington residents protest the Trump Administration's family separation policies during a Keep Families Together Rally outside of Rep. David Rouzer's ...
    In an outpouring of concern prompted by images and audio of children crying for their parents, hundreds of thousands of people worldwide are donating to nonprofit organizations to help families separated at the...More >>
    In an outpouring of concern prompted by images and audio of children crying for their parents, hundreds of thousands of people worldwide are donating to nonprofit organizations to help families separated at the Mexico border.More >>
  • ABC News apologizes for mistaken graphic on Manafort

    ABC News apologizes for mistaken graphic on Manafort

    Thursday, June 21 2018 12:44 AM EDT2018-06-21 04:44:04 GMT
    (AP Photo/Jacquelyn Martin). Paul Manafort, right, arrives at federal court accompanied by his lawyer Kevin Downing, left, and wife Kathleen Manafort, Friday, June 15, 2018, in Washington.(AP Photo/Jacquelyn Martin). Paul Manafort, right, arrives at federal court accompanied by his lawyer Kevin Downing, left, and wife Kathleen Manafort, Friday, June 15, 2018, in Washington.
    ABC News apologized for a graphic that aired on Wednesday, mistakenly saying that former Trump campaign manager Paul Manafort had pled guilty to manslaughter charges.More >>
    ABC News apologized for a graphic that aired on Wednesday, mistakenly saying that former Trump campaign manager Paul Manafort had pled guilty to manslaughter charges.More >>

By SCOTT SONNER
Associated Press

RENO, Nev. (AP) - Most of Nevada's recreational marijuana retailers are optimistic an emergency regulation that state officials are expected to approve will help keep them from running out of pot supplies, but some are "running on fumes," an industry official said Tuesday.

The State Tax Commission is scheduled to vote Thursday on an emergency measure Gov. Brian Sandoval endorsed late last week in an effort to allow the state to issue pot distribution licenses currently banned by a court order.

Nevada Tax Department spokeswoman Stephanie Klapstein said some of the 47 licensed retailers have reported twice as much business as they anticipated since recreational sales began July 1, and many fear their shelves soon will be empty.

Nevada Dispensary Association President Andrew Jolley said Tuesday most stores are "still doing OK in terms of supply."

"But there are some that are obviously concerned given that we are 10 days into retail sales without being resupplied," Jolley said. "I have heard of some dispensaries running on fumes, if you will."

A legal battle over distribution of pot for recreational use threatens to jeopardize the flow of supplies from growers and manufacturers to retailers in the coming weeks.

The ballot measure voters approved in November legalizing the sales dictates that licensed alcohol wholesalers have the exclusive rights to pot distribution licenses for 18 months. But no alcohol wholesalers have completed the licensing process.

Before recreational sales began July 1, most dispensaries selling medical marijuana were authorized to serve as their own middleman and the bulk of them started stockpiling supplies months ago in an anticipation of high demand.

"Everybody that I know tried to augment their inventory as much as possible in the days and weeks leading up to July 1, but I'm not sure to what extent they were able to do that," Jolley said Tuesday.

About a week before sales began, Sandoval's chief of staff Michael Willden said state officials had been informed the dispensaries may have up to a 60-day supply of pot products.

"We are now informed that many have only days or weeks of product to be sold," he said last week when the governor announced his endorsement of the emergency regulations to facilitate the issuing of distribution licenses to existing retailers.

The head of a company that owns hemp and cannabis operations in southern Nevada said the regulatory move can't come soon enough.

"I don't think anyone anticipated this strong of an initial demand, and by all accounts it's a very real possibility that the state could literally be out of sellable products in August," Friday Night Inc. CEO Brayden Sutton said Tuesday.

"Current production in Clark County was set up for a snoozey medical market, not the 10-time increase in sales that retailers experience once they can sell to anyone 21 and up," he said.

On Monday, the Sparks City Council became the latest local jurisdiction to approve an ordinance allowing for recreational pot sales. Currently, there are four licensed retailers in Reno, one in Pahrump, one in Mesquite, one in Laughlin, four in North Las Vegas and 36 in Las Vegas.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • More From wfmj.comHot ClicksMore>>

  • North Korean side of DMZ sounds quieter now, even peaceful

    North Korean side of DMZ sounds quieter now, even peaceful

    Thursday, June 21 2018 12:43 AM EDT2018-06-21 04:43:19 GMT
    (AP Photo/Dita Alangkara). A North Korean soldier marches at the truce village at the Demilitarized Zone (DMZ) which separates the two Koreas in Panmunjom, North Korea, Wednesday, June 20, 2018. Since the summits between North Korean leader Kim Jong Un...(AP Photo/Dita Alangkara). A North Korean soldier marches at the truce village at the Demilitarized Zone (DMZ) which separates the two Koreas in Panmunjom, North Korea, Wednesday, June 20, 2018. Since the summits between North Korean leader Kim Jong Un...
    On the North Korean side of the Demilitarized Zone, the sound of silence is a welcome sign of detente.More >>
    On the North Korean side of the Demilitarized Zone, the sound of silence is a welcome sign of detente.More >>
  • Burger King says sorry for Russian World Cup pregnancy ad

    Burger King says sorry for Russian World Cup pregnancy ad

    Thursday, June 21 2018 12:32 AM EDT2018-06-21 04:32:56 GMT
    (AP Photo/Gene J. Puskar, File). FILE- This Feb. 1, 2018, file photo shows a Burger King Whopper meal combo at a restaurant in the United States. Burger King says it’s sorry for offering a lifetime supply of Whoppers to Russian women who get pregnant f...(AP Photo/Gene J. Puskar, File). FILE- This Feb. 1, 2018, file photo shows a Burger King Whopper meal combo at a restaurant in the United States. Burger King says it’s sorry for offering a lifetime supply of Whoppers to Russian women who get pregnant f...
    Burger King says it's sorry for an ad in Russia offering a lifetime supply of Whoppers to women who get pregnant from World Cup players.More >>
    Burger King says it's sorry for an ad in Russia offering a lifetime supply of Whoppers to women who get pregnant from World Cup players.More >>
  • The Mouse chases the Fox: Disney makes $71B counteroffer

    The Mouse chases the Fox: Disney makes $71B counteroffer

    Thursday, June 21 2018 12:16 AM EDT2018-06-21 04:16:36 GMT
    The competition for Fox is heating up, as Disney is boosting its offer for the company to $70.3 billion.More >>
    The competition for Fox is heating up, as Disney is boosting its offer for the company to $70.3 billion.More >>
Powered by Frankly
All content © Copyright 2000 - 2018 WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms