MjLink

Nevada’s Cannabis Compliance Board Issues Stricter Policies for Cannabis Companies with Late Taxes, Licensing Fees - MjLink Cannabis Business News and Press

MjLink Cannabis Business News and Press

Cannabis Industry Business Professionals Blogs, Press Releases and News Articles from the best journalist in the industry. Stay updated on all news from many online cannabis news outlets, on MjLink.com

Nevada’s Cannabis Compliance Board Issues Stricter Policies for Cannabis Companies with Late Taxes, Licensing Fees

Cannabis Business Times Marijuana News Wednesday, 26 August 2020
1 minute reading time (236 words)

Nevada’s Cannabis Compliance Board is issuing stricter policies for cannabis companies that have past due taxes or licensing renewals, according to The Nevada Independent.

Roughly 560 of Nevada’s more than 700 cannabis licensees were due for license renewal by June 30, the news outlet reported, but 11 licensees with 22 total licenses did not submit renewal paperwork until July.

RELATED: Nevada Cannabis Compliance Board Revokes Six CWNevada Licenses

At an Aug. 25 board meeting, Executive Director Tyley Klimas said that the Cannabis Compliance Board did not renew the expired licenses, but instead sent correspondence indicating that the licensees METRC access would be discontinued, according to The Nevada Independent. While one licensee then surrendered its cannabis distribution license, the others paid their license renewal fees.

Klimas also indicated at the meeting that 18 cannabis licensees with 48 total licenses had past due tax debts ranging from $500 to $4 million that dated back to March 2019, the news outlet reported. The board contacted the companies and indicated that it would be severing their METRC access, as well, and all 18 licensees have since paid their taxes or are in the process or establishing payment plans with the Nevada Department of Taxation, according to The Nevada Independent.

Moving forward, the Cannabis Compliance Board plans to notify businesses immediately if they miss a deadline and will terminate METRC access until taxes and fees are paid, the news outlet reported.


  • Previous
  • Next

About the author

Cannabis Business Times

Author's recent posts
More posts from author
Monday, 03 November 2025 Closing Farm Bill ‘Loophole’ Would Help Hemp Industry ‘Thrive,’ Minnesota AG Says
Monday, 03 November 2025 Borealis Opens State-of-the-Art Cultivation, Production Facility in Connecticut
Monday, 03 November 2025 InterCure, Cannasoul Partner to Advance Cannabis Science, Pharmaceutical Innovation
Monday, 03 November 2025 Curaleaf Launches 5th Annual 'Feed the Block' Fundraiser to Combat Food Insecurity in US
Monday, 03 November 2025 Planet 13 Divests California Dispensary, Closes Cultivation Facility
Monday, 03 November 2025 Cannabis Consumer Survey Shows Digital Conveniences Driving Purchasing

Related Posts

Closing Farm Bill ‘Loophole’ Would Help Hemp Industry ‘Thrive,’ Minnesota AG Says

Marijuana News

Borealis Opens State-of-the-Art Cultivation, Production Facility in Connecticut

Marijuana News

InterCure, Cannasoul Partner to Advance Cannabis Science, Pharmaceutical Innovation

Marijuana News

Curaleaf Launches 5th Annual 'Feed the Block' Fundraiser to Combat Food Insecurity in US

Marijuana News

Planet 13 Divests California Dispensary, Closes Cultivation Facility

Marijuana News

Cannabis Consumer Survey Shows Digital Conveniences Driving Purchasing

Marijuana News

Copyright ©2026 MjLink


main version