Gov. Steve Sisolak has appointed banker Jerrie Merritt as the third member of the five-person Cannabis Compliance Board that’s in the process of assuming control of Nevada legal marijuana regulation.
The announcement Monday comes after Sisolak earlier this month appointed former Nevada Supreme Court Justice Michael Douglas as chair, and former Gaming Control Board Chairman Dennis Neilander will serve on the board.
“Jerrie has developed an impeccable reputation in Nevada’s financial sector and has played a critical role in promoting and supporting underrepresented and underserved voices in the Las Vegas community,” Sisolak said in a statement.
Merritt has worked for the Bank of Nevada since 2004, and most recently served as a senior vice president where she manages a deposit and loan portfolio while also acting as a liaison for partnerships with government agencies and nonprofits. She serves on a variety of boards and was past chair of the Urban Chamber of Commerce.
She studied business and finance at the University of Alaska in Fairbanks.
The bill authorizing the board requires that the panel include a cannabis industry expert, an attorney, a doctor, a finance expert and someone with law enforcement or investigation training.
Marijuana is currently regulated by the Department of Taxation, but that responsibility will be fully transferred to the Cannabis Compliance Board on July 1.