This week the Nevada Cannabis Compliance Board became fully authorized and took over regulation of the state’s cannabis industry.
“Nevada’s first-ever Cannabis Compliance Board will play a vital role in both supporting the industry and holding it to the highest standard,” said Gov. Sisolak, who signed AB 533 last year
“It has always been my goal to establish an agency to regulate the state’s thriving cannabis industry with transparency and sound judgment. I am confident the CCB is well-positioned to do just that,” he added.
It was in February that Sisolak had appointed former Nevada Supreme Court Chief Justice Michael Douglas, who was named the chairman, and former Gaming Control Board chairman Dennis Neilander to the CCB.
Sisolak also appointed Las Vegas banker Jerrie Merritt as his third appointee to the five-member board.
“I am pleased with the direction that oversight of the cannabis industry is headed in Nevada,” said Chairman Douglas. “There is a lot of work ahead of us and this Board will allow for the flexibility to address issues most pertinent to the regulation of the industry.”
The governor will also name eight members to join the Cannabis Advisory Commission, which will be chaired by CCB Executive Director Tyler Klimas and tasked with making recommendations to the CCB.
“With the CCB now in place, we have a regulatory body that can keep pace with this industry’s growth while providing for thoughtful and effective regulation,” Director Klimas said. “Accountability will be paramount as we work to establish the gold standard in cannabis oversight.”
The Board’s inaugural board meeting will be held on Tuesday, July 21st.
