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HERE’S WHO’S FUNDING NEVADA POT COMPANIES

By Alex Halperin
07/15/2019 08:30 AM GMT-0700
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The Reno Gazette Journal dove into newly available Nevada records detailing who bankrolls the silver state’s cannabis businesses.

  • Gov. Steve Sisolak (D) initiated the document dump when he signed a cannabis transparency law in May.
  • The records reveal 8,900 people have invested in Nevada companies. They included athletes, at least one strip club owner and the wife of a former Republican operative who championed Nancy Reagan’s just say no campaign.
  • Not everyone was wild about being outed, though one insider said she wasn’t impressed by the list. “I thought actually it was going to be more interesting.” 

Quick Hit

  1. A ruling could come soon in a case which pits dozens of disappointed license applicants against the state’s licensing process. All sides expect the case to be appealed to the Nevada Supreme Court.
    AP
  2. After five years of REC sales, Washington state insiders weigh in on lessons learned.
    MJBiz

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