Wednesday, October 29, 2014 1:23:47 PM
Nevada’s Experiment With MMJ ‘Reciprocity’ Could Pay Big Dividends, Create Huge Market
Tags: nevada dispensaries, reciprocity
By John Schroyer
In a few months, Nevada will set a new bar for the medical marijuana industry with a provision in the law state legislators passed last year allowing dispensaries to set up shop.
The provision allows any legally registered MMJ patient from anywhere in the world to purchase marijuana in any of those dispensaries.
It’s called “reciprocity,” and only a few other states in the country have it, but to varying degrees. Maine, for example, allows for reciprocity, but requires confirmation from a doctor. And in Rhode Island, it’s legal for out-of-state MMJ patients to possess up to two and a half ounces, but they’re not allowed to purchase marijuana at dispensaries. But Nevada is something of a test case, because their dispensaries will likely target out-of-state MMJ patients as a market.
“You show us your card, you show us your ID, you sign an affidavit, and you can participate in our program,” said state Sen. Richard “Tick” Segerblom, D-Las Vegas, one of the prime sponsors of the measure to establish MMJ dispensaries in the state (Senate Bill 374).
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