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Legal Alert - Nevada Gaming Regulators Warn Against Medical Marijuana

05/07/2014

By Greg Brower and Morgan Petrelli

Just as the application process for newly legal medical marijuana licenses has begun, Nevada’s Gaming Control Board (GCB) has issued guidance that should concern any current or aspiring gaming licensee who is also interested in the medical marijuana business. In a May 6, 2014 “Notice to Licensees,” GCB Member Terry Johnson advised that “the [GCB] 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.”

[Click here to read the full alert.]