When Nevadans buy marijuana at local dispensaries, it must be consumed at home.

Tourists are not allowed to do it in public, most hotels ban it, and it can’t be used in the dispensary where it is purchased.

Social use legislation would change that and create two new categories for cannabis consumption lounges: retail (attached to existing dispensaries) or independent

Existing retailers could let people buy their products and consume them on-site. Independent lounges, places not permitted to sell cannabis on their own like barber shops or nail salons, could have marijuana products delivered or people could bring it in on their own.

Oasis Cannabis Dispensary, near downtown Las Vegas sees on average about a thousand customers per day.

Nevada’s economic development board approved $4.7 million worth of incentives on Wednesday for nine companies that are either moving or expanding operations in the state.

The Governor’s Office of Economic Development estimates that the companies will create more than 1,300 permanent jobs across the state at an average wage of nearly $30 per hour. The companies range from manufacturing operations to technology companies.

Tax incentives and abatements have been a commonly used tool for the state to attract companies to Nevada, particularly during the Great Recession. Tesla, for example, received more than a billion dollars in incentives to build its Gigafactory facility just east of Reno-Sparks in Storey County.

It can be argued that the high taxes are well-intentioned, signaling support for an inclusive cannabis market.

Due to ongoing federal prohibition, America’s cannabis regulations remain fragmented by state. Until reform occurs, states will continue to set their program frameworks, including how it taxes the supply chain, with consumers feeling the brunt directly by taxes or indirectly by retailers up-charging to offset costs.

Sales of marijuana concentrates shot up more than 40 percent last year and accounted for a larger share of the overall cannabis market, as consumers became more comfortable with the intricate process of dabbing and new technology has made the products easier to use.

In addition, some consumers are moving away from vape products because of respiratory-related health concerns and turning to concentrates such as wax, hash and shatter, according to industry insiders.

As states report cannabis sales numbers for 2020, record highs continue across the country. It’s become a billion-dollar business for several states, blowing out levels that states had estimated when originally planning legalization.

Holiday festivities have been curtailed by the global resurgence of the COVID-19 pandemic, and its unprecedented social and economic effects. During this turbulent season, cannabis companies all over North America continue to do what they can to support local charities and populations in need.

So, let this 2020 holiday season be lit with the warmth of giving. Here’s a short list of holiday fundraising activities led by cannabis industry members, bringing happiness and help to so many for the season as we all look forward to a new year in 2021:

From January to the end of September, Nevada's cannabis dispensaries made more than $588 million in sales.

That's according to a new report by the Nevada Dispensary Association. The industry group that represents cannabis sellers in Nevada said over last year, they have recorded a 14% increase in sales. In September alone, Nevada dispensaries reported $82.6 million in sales — a 43% increase over the same month last year.

September is the latest month that data is available.

Nevada voters legalized recreational marijuana in 2016. The state puts a 15% excise tax on wholesale sales, then a 10% tax on recreational sales to consumers. According to Nevada's Department of Taxation, the state took in nearly $37 million from July through September.

Starting a cannabis business in the US takes a lot of planning, effort, and patience.

However, it’s doable if you choose the best US state for such a business.

According to some of the most recent statistics, the cannabis industry is among the fastest-growing industries globally.

Therefore, it’s a perfect time to start this type of business.

Cannabis state laws are becoming increasingly lenient, while the demand for recreational and medical cannabis has never been higher.

The best way to see just how great a cannabis business can be, take a look at the Toronto Cannabis Dispensary. 

If you want to start your cannabis dispensary, here are the ten best US states for such a business.