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News

Economic development in Nevada = Tesla, Faraday… and recreational marijuana

Economic development in Nevada = Tesla, Faraday… and recreational marijuana
N&V Staff
July 13, 2016

20160712_Sun_Marijuana_Report_LE8_t653

(Chris Kudialis, Las Vegas Sun) Making recreational marijuana legal in Nevada would help eliminate black market sales and generate millions of tax dollars for education, representatives of an advocacy group said Tuesday.
Speaking at the law offices of Ashcraft and Barr, 2300 W. Sahara Ave., representatives of the Campaign to Regulate Marijuana Like Alcohol discussed a new economic study from Las Vegas-based RCG Economics. The study estimates a regulated recreational marijuana industry would create more than 40,000 jobs in Nevada.

“Legalization of recreational adult-use would be a benefit to all Nevadans,” campaign spokesman Joe Brezny said.

Also speaking at the event were Nevada state Sens. Tick Segerblom and Pat Spearman, Las Vegas attorney Amanda Connor, and RCG principal John Restrepo.

The speakers argued that ending marijuana “prohibition” will also increase tax revenue.
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