Nevada Cracks Down on Cannabis Tourism Companies

my 420 tours

Legalized cannabis opens up all types of entrepreneurial activivities, but 420 Tours Las Vegas, which helps get out-of-state visitors access to a “top-shelf” experience when visiting, provoked a letter from the state (emailed today to Nevada dispensaries, but the document lacked a date):


TO: Nevada Certified Medical Marijuana Dispensaries

FROM: Division of Public and Behavioral Health

RE: 420 TOURS WARNING

Date:

The Division is aware of the business 420 Tours Las Vegas (www.dispensarytourslv.com), and similar businesses operating in southern Nevada.  Please note that any dispensary discovered selling medical marijuana to individuals using such tour business who do not comply with Nevada law could be subject to the revocation of their registration certificate.

Please refer to the policy, Procedures for Selling Medical Marijuana to Nonresident Patients, and to the associated FAQs.  Valid cards must be state- or county-issued.

According to Senate Bill 447/NRS 453A.364, Section 2:

2.  For the purposes of the reciprocity described in this section:

      (a) The amount of medical marijuana that the holder or bearer of a nonresident card is entitled to possess in his or her state or jurisdiction of residence is not relevant; and

      (b) Under no circumstances, while in this State, may the holder or bearer of a nonresident card possess marijuana for medical purposes in excess of the limits set forth in NRS 453A.200.

      3.  As used in this section, “nonresident card” means a card or other identification that:

      (a) Is issued by a state or jurisdiction other than Nevada; and

      (b) Is the functional equivalent of a registry identification card, or letter of approval, as determined by the Division.


Nevada offers reciprocity, meaning that out-of-state visitors with valid cards are able to purchase medical cannabis in the state.  According to its website, Dispensary Tours LV offers doctor evaluations through its mobile MMJ office, with recommendations valid for a year in both California and Nevada.  The “New Patient 420 Tour Package, is priced at $120, appears to use Eaze (http://dispensarytourslv.com/products/eaze-md-420-tour-package).  Cannadocs, an intermediary partnered with the company, contracts with Eaze. Eaze operates in California, where its software enables medical cannabis delivery, but the company has discussed expansion to Nevada, where delivery is not legal at this time.

Note:  Following the publishing of this article, we learned that Eaze was formerly providing services to Cannadocs but no longer does so.  Also, the services were provided only to California patients.  Eaze is not operating in Nevada yet.

Breaking News by Alan Brochstein, CFA
Alan Brochstein, CFA
Based in Houston, Alan leverages his experience as founder of online communities 420 Investor, the first and still largest due diligence platform focused on the publicly-traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. At New Cannabis Ventures, he is responsible for content development and strategic alliances. Before shifting his focus to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst following over two decades in research and portfolio management. A prolific writer, with over 650 articles published since 2007 at Seeking Alpha, where he has 70,000 followers, Alan is a frequent speaker at industry conferences and a frequent source to the media, including the NY Times, the Wall Street Journal, Fox Business, and Bloomberg TV. Contact Alan: Twitter | Facebook | LinkedIn | Email

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