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Jan 12

Nevada regulators levy fine, strip marijuana company of 14 licenses

The newly installed Nevada Cannabis Compliance Board took swift action at its first meeting by penalizing vertically integrated operator CWNevada for a range of regulatory violations.

According to the Las Vegas Review-Journal, the board and CWNevada agreed to a settlement regarding an alleged 21 violations of state marijuana regulations. The penalties included:

  • A $1.25 million fine.
  • The revocation of six business permits.
  • The required sale of eight additional licenses.

Nevada regulators levy fine, strip marijuana company of 14 licenses