Nevada Casino Licensees Can't Get Into Medicinal Pot Business, Gaming Control Board SaysGaming Control Board Issues Official Stance On Topic |
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On Tuesday, the Nevada Gaming Control Board released a notice to its website that details its position on gaming licensees getting involved with the medical marijuana business.
Regulators said it is not allowed, and as a result some casino industry people have already begun to divest from such groups, according to the Las Vegas Review-Journal.
Medical marijuana has been legal in Nevada since 2000, but it took until 2013 for state lawmakers to say OK to dispensaries operating. Up to 66 of them have been allowed.
“While the Nevada Legislature has made certain medical marijuana establishments legal, the Controlled Substances Act (CSA) makes it illegal under federal law to manufacture, distribute, dispense or possess marijuana,” the Board said in its notice.
“The Board is charged with considering and determining whether certain activities by
persons or entities involved in gaming implicate the character or integrity of the licensee or would pose a threat to the effective regulation and control of gaming.”
Nevada regulators said that they “also [had to] determine whether any such activity…would reflect or tend to reflect discredit upon [Nevada] or its gaming industry.”
Basically, until the law is changed, the Board “does not believe investment or any other involvement in a medical marijuana facility or establishment by a person who has received a gaming approval or has applied for a gaming approval is consistent with the effective regulation of gaming,” adding that it “believes that any such investment or involvement by gaming licensees or applicants would tend to reflect discredit upon gaming in the State of Nevada.”
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