By now, you’ve heard of the Nevada Marijuana Shortage that endangered Nevada’s entrance as an adult-use state. Due to a guideline that stated that only alcohol wholesale distributors could transport cannabis in the state for the first 18 months of legality was strained by no distributors qualifying for the necessary licenses, the state enacted a state of emergency and enacted emergency legislation to keep the weed flowing–and businesses open. Though the emergency regulations were more of a patch job and the courts are still deliberating, weed supplies in Nevada might be threatened by something else: tourists.
The sheer volume of demand being put forth in Las Vegas, mostly by tourists, has caused some dispensaries to run out of certain strains. Tourists don’t seem deterred by laws that make it difficult for them to find somewhere legal to light up–though some changes are being considered, there’s no open usage on the Las Vegas Strip, and no usage allowed in the city’s famous hotels and casinos. The demand is so intense that some businesses and politicians are worried that current grow operations can’t possibly grow enough product in the time it takes for stores to be depleted, enlarging the Nevada Marijuana Shortage.
This has a few implications: Las Vegas, already a huge earner for the state, could possibly be earning even more in tax revenues via adult use cannabis sales, but first they have to sort out regulations for transportation and encourage more businesses to start growing.
The issue at hand isn’t dispensaries running out completely, as almost happened when dispensaries opened for recreational sales in July, but certain products being snatched up faster than others, and the supply chain being unable to adapt: people don’t need to be scared over whether or not they’ll be able to buy products, businesses will just have to literally grow and adapt to the demand.