AB 203 Nevada Assembly · 2025 Regular Session

Revises provisions relating to cannabis. (BDR 56-134)

AB 203 revises Nevada's cannabis regulations to improve social equity and streamline business operations. It creates a Social Equity Liaison position within the Cannabis Compliance Board and allows unlicensed businesses operated by people previously impacted by cannabis criminalization to form joint-venture agreements with licensed facilities. The bill exempts joint-venture sales from excise taxes, removes certain licensing requirements for social equity applicants seeking consumption lounges, and modifies labeling rules to no longer require non-functional labels on wholesale cannabis packaging. These changes directly affect cannabis businesses, social equity applicants, and the Cannabis Compliance Board, aiming to reduce regulatory barriers while maintaining oversight.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2025

Committee Review

Floor Vote

Governor

Introduced Feb 3, 2025 Last action Jun 3, 2025

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What changed between versions

As Introduced → Reprint 1 · 6 edits

MODERATE

This bill revision removes the creation of a Social Equity Liaison position while expanding labeling and packaging rules to include tags and allow information on packaging instead of just labels. It also changes 'employees' to 'agents' for inventory purposes and clarifies certain tax exemptions for joint-venture businesses.

Scope change

The bill's scope shifted from creating a new oversight role to refining operational requirements for cannabis businesses, particularly around labeling, packaging, and inventory management.

REQUIREMENT

Eliminated the requirement to create a Social Equity Liaison position within the Cannabis Compliance Board

Expanded labeling rules to prohibit tags in addition to labels, and allowed required information to be placed on packaging instead of just labels

Changed 'employees' to 'agents' when discussing who can conduct quarterly inventory counts at cannabis establishments

Revised the definition of 'usable cannabis' to explicitly exclude cannabis plant seeds

Updated tax exemption provisions for joint-venture cannabis businesses to clarify which sales are exempt from excise taxes

DEFINITION

Added definition clarifications for 'label' and 'packaging' to apply consistently across medical and adult-use cannabis laws

Floor votes

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No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 23, 2025

Lower · Passed

From printer. To engrossment. Engrossed. First reprint. To committee.

lower

Apr 21, 2025

Lower · Passed

From committee: Amend, and do pass as amended. Placed on Second Reading File. Read second time. Amended. (Amend. No. 276.) Taken from General File. Rereferred to Committee on Ways and Means. Exemption effective. To printer.

lower

Feb 5, 2025

Lower · Passed

From printer. To committee.

lower

Feb 3, 2025

Committee

Prefiled. Referred to Committee on Judiciary.

lower

1 primary · 0 co-sponsors