(1) Vendor needs to provide market analysis study service.
- Econometric review of the Nevada cannabis industry.
- Recommendations for expansion, if any, of all licensing types including, but not limited to, retail, production and cultivations facilities, excluding cannabis consumption lounges.
- Elasticity of demand and its effects on the illicit market.
- The illicit market's effects on the regulated cannabis market, if any.
- Economic review of taxes and pricing and their relation, if any, to the illicit market.
- Recommendations for changes to mitigate illicit market growth.
- Description of how the final report will be free of actual or perceived bias, partiality or influence toward any business regulated, private cannabis businesses or ancillary businesses such that it will be a truly independent assessment of current market cannabis license levels.
- Measures the vendor has in place to allow to defend the final report and show the final report is free from actual or perceived bias, partiality or influence toward any business regulated, private cannabis or ancillary businesses.
(2) All question must be submitted no later than February 03, 2023.
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