NRS 678B.260 - Licensing of adult-use cannabis establishments: Limitation on total number of licenses that can be issued in each jurisdiction. [Effective July 1, 2020.]

NV Rev Stat § 678B.260 (2019) (N/A)
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1. Except as otherwise provided in this section and NRS 678B.270, the Board shall issue adult-use cannabis establishment licenses for the operation of adult-use cannabis retail stores in the following quantities for applicants who qualify pursuant to NRS 678B.250:

(a) In a county whose population is 700,000 or more, 80 licenses;

(b) In a county whose population is 100,000 or more but less than 700,000, 20 licenses;

(c) In a county whose population is 55,000 or more but less than 100,000, four licenses; and

(d) In a county whose population is less than 55,000, two licenses.

2. The Board shall, for any county for which no applicants qualify pursuant to NRS 678B.250, within 2 months after the end of the period during which the Board accepts applications pursuant to NRS 678B.300, reallocate the licenses provided for that county pursuant to subsection 1 to the other counties specified in subsection 1 in the same proportion as provided in subsection 1.

(Added to NRS by 2019, 3797, effective July 1, 2020)