Will the Board of Pharmacy issue a license to a practitioner who owns more than 10% of the pharmacy's stock?

In Nevada, the Board of Pharmacy has specific regulations regarding the ownership of pharmacy stock. A key restriction is that a practitioner, such as a physician or dentist, is generally prohibited from owning more than 10% of the stock in a pharmacy. This regulation is in place to prevent potential conflicts of interest where a practitioner could influence the use of pharmaceuticals in a way that benefits their own financial interests.

Because of this clear guideline, a practitioner who exceeds the 10% ownership threshold will find it impossible to obtain a pharmacy license. This approach ensures adherence to ethical standards within the healthcare system, promoting an environment where patient interests are prioritized over profit motives.

Other choices such as conditional licensing based on experience or the establishment of a partnership do not apply in this instance, as the limitation is strictly based on ownership percentages. Thus, the Board will not issue a license to a practitioner who holds more than the allowed stock in a pharmacy.