LAS VEGAS (AP) — A marijuana cultivator and producer in northern Nevada could lose its licenses based on a Cannabis Compliance Board complaint that it failed to pay hundreds of thousands of dollars in taxes.
The Las Vegas Review-Journal reports the complaint filed this week alleges that NNV Operations I, INC., operating under the name Silver State Trading, had numerous unpaid or underpaid wholesale marijuana taxes to the Department of Taxation dating back to June 2019.
Nevada collects a 15% wholesale cultivation and production tax on marijuana.
The Nevada state attorney general’s office has recommended revocation of the company’s four licenses — for medical and recreational cultivation and production — and a fine of up to $220,000.
A phone number for the Washoe County-based company did not work Friday. The Review-Journal reported that an email address also no longer worked.
The Compliance Board said it does not comment on disciplinary matters.
The complaint alleges the company paid no taxes for 11 of 12 months from June 2019 to May 2020 and underpaid taxes the other month, and that it did not pay wholesale marijuana taxes for February, March or April of this year.