Red Rock Resorts is demolishing Texas Station, a casino built by the company's patriarch, for one reason - to keep competition out of the market.
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Advocates asked that injunctive relief include the pharmacy board removing cannabis from the controlled substance list, removing the Schedule 1 designation and declaring that the board’s authority over the regulation of cannabis no longer exists in Nevada law.
Data from as far back as October 2021 — when sales prices were higher than now — are influencing the tax rate almost a year later, forcing cultivators to pay effective tax rates that can be double what the Legislature intended.