Nevada

Synonyms: 
las vegas
vegas
Tue
15
Jun

Are Cannabis Consumption Lounges The New Legalization Trend?

The global cannabis industry is maturing, demands are increasing and better reforms are being enacted for the industry to attain a mature market. The not-so-new innovation that is becoming prevalent now is the "cannabis consumption lounge".

The basics

The best way to explain this is to liken it to a bar. Simply put, a bar is an alcohol consumption lounge, that is a public space where alcoholic drinks are consumed. Therefore a cannabis consumption lounge is a licensed and safe space for a group of people to consume cannabis.

Cannabis lounges may just be the best element to make cannabis socially acceptable by all age groups in the country. It will go a long way in ensuring an equitable industry that caters to all.

Tue
15
Jun

Cannabis Impairment Redefined In Nevada

In 2020, Nevada dispensaries sold nearly $700 million dollars worth of cannabis and derivative products. Before AB400 was signed into law last week, many who used those products also drove a motor vehicle within 48 hours of use and likely exceeded the per se blood level limit for Tetracanabidiol (THC), the psychoactive component in cannabis, when they did it.

Fri
11
Jun

Nevada Opens The Door To 'Cannabis Consumption Lounges'

Nevada has legalized a new sort of food and beverage establishment: The cannabis consumption lounge.

The facilities will be permitted under strict regulations to sell THC-laced foods and beverages for consumption onsite. Other refreshments can also be offered. The law is mum on whether the selection of non-THC-spiked beverages could include alcoholic drinks. Entertainment is permitted.

The places require a state license. The licensing fee for a free-standing lounge—one that’s not attached to a retail dispensary—is $10,000.

Wed
09
Jun

Taxing Marijuana: Which Recreational States Levy The Highest Taxes?

American attitudes towards the legalization of marijuana have shifted in the last few years. In 2019, 66% of Americans say the use of marijuana should be legal, which represents a stark difference from the 33% of Americans who supported the measure in 2009.

As a result, a growing number of states have legalized recreational marijuana. Nine states are currently selling marijuana recreationally and several other states have legalized marijuana but are still setting up the retail and tax structure. 

Tue
08
Jun

Las Vegas Cannabis Comeback Is Underway

Nevada seemed like a sure bet before the pandemic for cannabis companies. A seemingly never-ending stream of tourists from states where cannabis isn’t legal or the legal product offerings were meager. Several companies made huge investments in the state, especially in Las Vegas, to capitalize on tourists happy to plunk down big bucks to sneak some products back home. Of course, it isn’t legal to take cannabis products across state lines, but that doesn’t stop many tourists from taking the risk. The pandemic, of course, caused that market to crash as tourism dried up and the operations were left to depend on the business of residents only. Now it looks like the cannabis comeback is underway.

Fri
04
Jun

Cannabis Consumption Lounges Are Coming to a City Near You

For years, cannabis consumption lounges have been kept at bay, though lately pro-lounge legislation is becoming more prevalent in the legal cannabis marketplace. The tides are already turning in several cities like Ann Arbor, National City and Las Vegas. New York included cannabis club licenses in its recently passed adult-use legalization bill.

While uncertainty remains regarding regulations and projected revenues, many seem to be optimistic.

Wed
19
May

Nevada needs 'crack down' on black-market marijuana, judiciary chairman says

A leading lawmaker in the Nevada Legislature said on Nevada Newsmakers the state's cannabis industry needs help in cracking down on black-market marijuana sales.
Assemblyman Steve Yeager, D-Las Vegas and the chair of the Judiciary Committee, said the lack of attention on the lucrative illegal marijuana industry has to do with manpower and priorities.
"What we can do with the Cannabis Compliance Board is to step up the enforcement of that," Yeager told host Sam Shad.

Mon
26
Apr

The cannabis tourist's guide to legal US states

As more and more states decriminalize cannabis and legalize recreational use for adults, cannabis tourism is on the rise. Much as one might sample Seattle's famous coffee scene or check out the craft beer in hop capitals like Denver, Colorado and Bend, Oregon, visitors to legal states are dipping a toe into the local culture and sampling regional varietals of bud.

But knowing what the rules about purchasing and consuming cannabis are in different states can be a little tricky. Just in the past year, a slew of new states have sprung for legal cannabis legislation, including Virginia, New York, New Jersey, Arizona, Montana, South Dakota and New Mexico. 

Mon
12
Apr

Marijuana consumption lounges inch closer to reality in Nevada

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.

Tue
06
Apr

Nevada OKs incentives for 9 companies moving or expanding here. Here's how much they got

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.

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