Nevada Cannabis License Solutions

The Cannabis License Experts experienced team will allow you to get your Nevada cultivation licenses faster and with an unmatched success rate. Having to repeat your Nevada Cannabis License application process will set your business back by months and significantly impact your earnings potential. Let us show you how we’ll help you on your path to Nevada cannabis licenses and much more by booking your free Cannabis Nevada consultation today.

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Market Overview - Cannabis in Nevada

Nevada has a well established cannabis market with consumption lounges on the table for 2022 and a simple, transparent Nevada cannabis licensing process. On November 8, 2016, Nevada voters passed the Regulation and Taxation of Marijuana Act legalizing the purchase, possession, and consumption of adult-use cannabis for adults 21 and older. In 2018, the Nevada Department of Taxation began overseeing Nevada cannabis licensing and operating procedures for retail cannabis stores with more than $554 million in medical and recreational sales through the end of 2020. According to data from the state, Recreational marijuana sales in Nevada surpassed the $1 billion mark for the fiscal year 2021. Cannabis Consumption Lounges have been approved under AB341 in the 81st Session of the Nevada State Legislature and authorized by the Nevada Cannabis Compliance Board (CCB). The state remains full of opportunities for new Nevada cannabis licenses given the massive tourism market of Las Vegas and overall low financial barriers to entry which ranks this state high on the list of growing markets in the US.

Book a free consultation today to learn more about how Cannabis License Experts can assist you and your team on the path to your Nevada cannabis license, specifically Nevada cultivation licenses.

Cannabis in Nevada Licensing Requirements, Timelines, and Selection Process

Currently, the Department of Taxation is not accepting new Nevada cannabis applications for cannabis retail stores; those interested in applying for a marijuana retail license in Nevada may sign up to receive notifications when the next Nevada cannabis licensing window opens. Considerations for Nevada cannabis licensure are listed under the provisions of chapter 678B of the NRS which include the adequacy of the person’s business competence and experience for the role or position for which application is made, adequacy of the proposed funding for the nature of the proposed operations, and a person whose background, reputation and associations will not result in adverse publicity for the State of Nevada and its cannabis industry. The Nevada Medical Cannabis Program is governed by Title 56 Nevada Revised Statutes 678A‐678C and Nevada Administrative Code 453A with licensing overseen by the Cannabis Compliance Board.

Note: The Department is not currently accepting applications for Nevada cannabis marijuana licenses or medical marijuana registration certificates. The Department will issue a 45-day notice prior to the opening of an application period. To be notified, sign up here. The Nevada cannabis application will be made available at the time of notification.

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Hear from Our Successful Clients

Some of the World’s Largest Brands have Trusted CLE to Support their Cannabis Journey.

5 Star Google Reviews

Matthew Caton Yield Cannab

Canna License Experts, and their team were retained by our company to help us along the way with a retail canna license. Brian Wolf along with Kalpna Mistry and their team of experts were there the entire way through the process. Thanks again to Brian and Kalpna for all you support from our family at YIELD Cannab Co.

Lin Yan GMLL Pharma

We have contacted a few licensing company before I decided to contact with Canna licensing Experts. So far I think I have made the right choice and I am happy with the work they have done for us. The team answer questions promptly and never leave us alone. Not to mention their charge are reasonable comparing the similar type of consulting company and quality of their job.

Joseph Dow Dow Testing Labs

Brian and Kalpna at Cannabis License Experts were very pleasant, informative, and knowledgeable regarding licensing. They helped us fill out all the forms needed and guided us through the entire process. I am sure that without their guidance our application would still be in process, or have been dismissed because of some missing information.

Nevada Cannabis License Types

All Nevada cannabis license types are listed below.

Nevada CannabisMedical Marijuana Dispensary
Nevada Cannabis Medical Marijuana Cultivation Facility
Nevada Cannabis Medical Marijuana Production Facility
Nevada Cannabis Recreational Marijuana Dispensary.
Nevada Cannabis Recreational Marijuana Cultivation Facility
Nevada Cannabis Recreational Marijuana Production Facility
Nevada Cannabis Independent Testing Laboratory

Basic Demographic Information
Total # of Nevada cannabis Licenses	750 *multiple license types
Dispensary	132
Resources include the US Census Bureau, City-Data.com, and any additional relevant resources.
Total # of Counties	17
Total # of Cities/Towns	131
County population in 2019	665K

City of Las Vegas

Median Age

$50K

Medial Income

$335K

Median Home Price

$1,140/Month

Fair Market Rent

Cannabis in Nevada - Business Climate

Overall, the majority of the state has embraced the formal legalization of cannabis for both medical and recreational use. With few notable exceptions, Nevada cannabis licensing of all cannabis operations continues to be moving at a reasonable pace. The next available opportunity in the state is specific to Consumption Lounges however the timeline is unknown.

Cannabis Nevada rates are high as a business-friendly state with a low-regulation environment, streamlined licensing and approval processes, and a favorable tax environment for business and industry. There is no business income tax, personal income tax, franchise tax or gift tax with wages lower than national averages.

Cannabis in Nevada License Financial Requirements

Common for most jurisdictions as a mandatory component of the Nevada cannabis application is the requirement for a minimum amount of liquid cash on hand. This is to ensure that Nevada cannabis applicants have the financial wherewithal from the licensing process. General requirements for Nevada cannabis license applications include bank statements, CPA letters, Letter of Credit, or similar documentation. The one-time Nevada cannabis application fee for licensure is $5,000; Initial issuance of a license for a marijuana cultivation facility: $30,000; Renewal $10,000; initial issuance of a license for a marijuana product manufacturing facility: $10,000; Renewal $3,300.

Real Estate & Zoning

Consideration for regional and local zoning with regard to allowed proximity to certain business types, schools, and other prohibited areas should be researched according to local and municipal rules. Possession of real estate is often a requirement for licensing prior to application submission.

City of Reno

Median Age

$67K

Medical Income

$379K

Median Home Price

$1,149M

Fair Market Rent

255,601

Country Population in 2019

Frequently Asked Questions

Who oversees the regulation of cannabis in Nevada?

Currently the adult use cannabis program in Nevada is regulated and overseen by the Cannabis Compliance Board which was created in 2019 after the passage of Assembly Bill 533. Previously cannabis was regulated by the Nevada Department of Taxation.

Can cities/towns ban cannabis facilities from locating in their jurisdiction?

Yes, through a voter initiative or a local ordinance municipalities can ban all or specific types of cannabis businesses from operating in their jurisdiction.

Can license ownership be transferred?

Yes, Nevada allows for transfer of ownership interest after approval from the Cannabis Compliance Board.

What type of cannabis facility licenses are allowed in Nevada?

There are five different licenses issued in Nevada. Cannabis Sales Facility (dispensary), Cannabis Cultivation Facility, Cannabis Production Facility, Cannabis Distributor, and Independent Testing Laboratory. Consumption lounges are also allowed under the Cannabis Sales Facility license type.

Does Nevada allow cannabis delivery?

Yes, Nevada allows dispensaries to deliver directly to customers, third party delivery is also allowed.

One-Stop Business Solutions Provider

When you partner with CLE, you are able to leverage our proven knowledge and best industry resources to provide you a complete Cannabis Business Solution.

Don't Know Where To Begin? Get Started Now

Applying for a Nevada Cannabis License and unsure where to start?

Nevada is not currently issuing Nevada Cultivation licenses however as its adult use program continues to grow this is likely to change. Now is the time to get ahead of the process by defining your business, CLE can develop a preliminary business and feasibility plan to help give an understanding of business viability within the local Nevada cannabis climate and give a head start in this process.

In order to get started, reach out to one of our regulatory experts today to learn more about Cannabis Business Solutions.