Nevada has declared a weed state of emergency

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"A halt in this market will lead to a hole in the state's school budget", the department said in its statement.

Less than two weeks after Nevada began the legal sale of recreational marijuana, dozens of dispensaries in the state are anxious they soon won't have any pot left.

Nevada is the only state with legalized marijuana that has such an arrangement.

The objective of this arrangement is to "promote the goal of regulating marijuana similar to alcohol", and to help protect liquor stores from losing business as the demand for recreational marijuana rises, the Reno Gazette-Journal reported.

When the news emerged of a possible state of emergency on Friday, the Department hadn't yet granted extra distribution licenses.

With the legalization of pot going into effect July 1, many have been rushing to dispensaries trying to get their hands on marijuana. Despite this, some dispensaries won't be getting shipments of marijuana for a while.

"Without the ability to make a sufficiency determination, the Department cannot license other marijuana distributor applicants and, therefore, no marijuana or marijuana product can be transferred to a retail store", the department wrote.

Nevada has almost 50 legal dispensaries to sell pot, but stores don't have the authority to resupply their inventories of marijuana when it runs out - which it did.

"The vote will decide whether liquor wholesalers will be allowed to sell the drug, bringing to a head a legal battle between the state and the local liquor retailers, who have been fighting to profit on the newly legalized marijuana industry". Lawful distributors can't get the product to the stores quickly enough The emergency action being contemplated is a relaxation of the rules that will allow new distributors to participate in the marijuana market, rather than only the now approved liquor distributors.

"The initial weekend of legal operation of marijuana establishments resulted in well over 40,000 retail transactions and some establishments report sales of more than double their estimates", the department said on Friday, five days after sales opened on July 1. Nevada has already collected over a million dollars in tax revenue from recreational marijuana in just the first week of sales. The liquor industry had previously sued the state in order to gain access to marijuana distribution sales. A 15% tax on cultivation of marijuana generates revenue for the state, which it spends on public education.



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