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HERE’S WHO’S FUNDING NEVADA POT COMPANIES

The Reno Gazette Journal dove into newly available Nevada records detailing who bankrolls the silver state’s cannabis businesses.

  • Gov. Steve Sisolak (D) initiated the document dump when he signed a cannabis transparency law in May.
  • The records reveal 8,900 people have invested in Nevada companies. They included athletes, at least one strip club owner and the wife of a former Republican operative who championed Nancy Reagan’s just say no campaign.
  • Not everyone was wild about being outed, though one insider said she wasn’t impressed by the list. “I thought actually it was going to be more interesting.” 

Quick Hit

  1. A ruling could come soon in a case which pits dozens of disappointed license applicants against the state’s licensing process. All sides expect the case to be appealed to the Nevada Supreme Court.
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  2. After five years of REC sales, Washington state insiders weigh in on lessons learned.
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