By Michelle Rindels The Nevada Independent In Reno cultivator Sarah Rosenfeld’s recent experience, the top dollar a pound of marijuana bud or flower might fetch at wholesale prices is about $1,800 to $2,000, and that’s if it’s packaged and has a high concentration of the active ingredient THC. Something in bulk with less potency might be closer to $900. But according … [Read more...]
Online Sales Tax Collection Might Not Be Worth It
Before jumping on the bandwagon and trying to snag sales tax revenue from out-of-state online retailers — which a recent U.S. Supreme Court ruling now allows — Nevada should crunch the numbers to make sure it is worth the effort. Overturning previous case law the court ruled 5-4 in a case out of South Dakota that local jurisdictions may collect sales taxes from online … [Read more...]
Legalization of Marijuana Doesn’t Change DUI Law
Last November, Washoe County residents were asked to vote on the statewide Measure 2- allowing people 21 and older to manufacture, possess, transport, and consume marijuana. Passing in a 54.47 percent vote, it is now legal to possess up to an ounce of marijuana or up to an eighth of an ounce of cannabis concentrate. Now that the measure has passed, Nevada’s Department of … [Read more...]