NV SB41

Creates a new cannabis tax permit requirement from the Department of Taxation for all cannabis sellers, separate from existing sales tax permits and Cannabis Compliance Board licenses, effective January 1, 2027

Department of Taxation must issue permits within 15 days of application; permits are non-transferable and valid only for the specific business location designated

Establishes enforcement procedures allowing the Department to revoke or suspend cannabis tax permits for excise tax noncompliance, with 30-day cure periods and appeal rights to the Nevada Tax Commission

Cannabis Compliance Board must automatically suspend a cannabis license when the Department issues a final decision revoking or suspending the associated tax permit; license reinstated upon full payment of tax liability

Existing cannabis sellers must apply for the new permit by September 1, 2026, with the Department required to issue permits by December 31, 2026