Monday Nevada’s Secretary of State, Ross Miller, certified a petition submitted by the Coalition to Regulate Marijuana Like Alcohol to include recreational marijuana on the 2016 ballot. The group needed 102,000 signatures statewide, or about 25,000 from each of the state’s four congressional districts in order to have their petition certified. They collected about 200,000 signatures.
If approved by voters, the measure would legalize the cultivation, distribution and possession of marijuana for recreational purposes. It would also establish a regulatory structure for marijuana sales, and impose a 15% tax on wholesale marijuana. Adults 21 and over could possess up to an ounce of marijuana. “The voters in Nevada clearly want a new approach to regulating marijuana,” Joe Brezny, the head of the Nevada Cannabis Industry Association, told Marijuana Business Daily. “They see that taxing and regulating marijuana … makes more sense than the failed policy of marijuana prohibition.”
Though medical marijuana has been legal for several years in Nevada, the dispensary system is still in its infancy due to recent legislation that just made a medical cannabis distribution system in Nevada possible.