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Jan 12

Cannabis company faces record penalty, loses licenses amid allegations of maintaining off-the-books marijuana, destroying evidence

Nevada’s Cannabis Compliance Board has approved a penalty that the board’s executive director says appears to be the largest in state history against a marijuana company.

The board approved an agreement at its meeting Tuesday that revokes licenses from CW Nevada, and forces the company to pay $1.25 million in penalties to settle allegations that the company had large quantities of marijuana off-the-books, sold cannabis that appeared to be untested and destroyed evidence.