Casino operators told to avoid medical pot investments

By MICHELLE RINDELS Associated Press

Elko Daily Free Press

 

LAS VEGAS (AP) — Nevada gambling regulators issued a notice Tuesday advising casino operators against investing in the state’s nascent medical marijuana industry.

Gaming Control Board member Terry Johnson sent a memo reminding licensees that the state has legalized dispensaries but federal law still prohibits manufacturing and distributing marijuana.

“Unless the federal law is changed, the board does not believe investment or any other involvement in a medical marijuana facility or establishment by a person who has received a gaming approval or has applied for a gaming approval is consistent with the effective regulation of gaming,” the memo said.

The involvement of casino operators in the medical marijuana industry “would tend to reflect discredit upon gaming in the state of Nevada,” the memo said.

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