Nevada

Synonyms: 
las vegas
vegas
Thu
31
May

Medical cannabis payment solutions announces acquisition of 40 acres to grow hemp

Medical Cannabis Payment Solutions (OTC:REFG), a Nevada corporation specializing in state-of-the-art financial services structured to serve the medical cannabis and banking industries, announced today that it has acquired 40 acres of agricultural land to cultivate hemp as part of Utah’s recently passed law, H.B. 302. 

The company will seek a license to grow hemp as part of the state’s Department of Agriculture and Food licensing program. In 2014, Utah passed H.B. 105, which allowed legal possession and use of CBD oil by registered patients with a doctor’s recommendation and intractable epilepsy. 

Tue
29
May

Marijuana sales are strong in Nevada, disappointing in California

Legal sales of marijuana for recreational use began last July in Nevada and in January in California. Although California sells a lot more legal weed than Nevada, California sales are much lower than projected while Nevada’s are much higher.

First the good news. From July 2017 through March 2018 (the first nine months of Nevada’s fiscal year), combined taxable sales of marijuana totaled $386 million, of which nearly $305 million represents sales for recreational use. Sales in March posted a record total of just over $41 million. Through March, the state has collected almost $49 million in taxes, about 97% of its estimated full-year take of $50.32 million.

Fri
25
May

A baby with a rare skin disorder has found relief in medical marijuana

A Las Vegas baby named Carter Padelford has been suffering from a rare skin disorder called lamellar ichthyosis since his birth. But now, Carter and his parents are getting some relief thanks to cannabis-infused balm, writes Calvin Hughes.

Thu
24
May

March adult-use marijuana sales top $41 million, largest month since legal sales began

March set a new record for adult-use marijuana sales, with sales coming in just above $41 million for the month, helping to push total marijuana tax revenues to $48.97 million through the first nine months of the fiscal year, according to the Nevada Department of Taxation.

Statement from Bill Anderson, Executive Director, Nevada Department of Taxation:

March set a new record for adult-use marijuana sales, with sales coming in just above $41 million for the month, helping to push total marijuana tax revenues to $48.97 million through the first nine months of the fiscal year. With three months still in the fiscal year, Nevada has already brought in about 97 percent of the combined marijuana tax revenue that was projected for the entire year.

Fri
18
May

Gaming regulators create opening between marijuana, casinos

Can a gaming licensee lease a building from a businessman who also rents to someone in the marijuana business?

Yes, the Nevada Gaming Commission unanimously determined Thursday.

In what was the first case in which regulators had to make a determination of whether a gaming licensee was too closely aligned with the marijuana business since industry policy makers clarified the issue earlier this year, commissioners voted unanimously to support a license for Apollo Coin Corp. for The Lodge at St. Rose. Licensee Stuart Apollo had told the state Gaming Control Board and the commission that he wanted to develop an upscale tavern with a restricted license in Henderson. Apollo had planned for 15 slot machines in the tavern.

Wed
09
May

Caesars entertainment will stop testing most employees for cannabis

Vegas continues to ban marijuana use from its casinos, but Caesars employees can now enjoy legal weed on their own time.

Now that marijuana is legal for medical or recreational use in a majority of U.S. states, some employers are catching up with the times and putting an end to requirements that new hires must refrain from using pot.

Cannabis use is now fully legal for adults in nine states — including Nevada — and companies are finding it difficult to source employees who choose to abstain from this newly-legal drug.

Thu
26
Apr

Nevada: Inside the world’s first marijuana farmers market

This is no ordinary farmers market.

For one, you enter it not through a parking lot or city street, but through a concrete tunnel with a low ceiling, designed to simulate the underground chambers through which smugglers bring contraband marijuana from northern Mexico to southern California.

And when you finally emerge, you won’t find heirloom tomatoes, but marijuana.

Welcome to Acres Cannabis, the dispensary that is augmented with a 3,000-square-foot pot-farmers market located in Las Vegas, where weed was recently legalized. The market is said to be the first lawful and permanent one of its kind launched for sales of recreational ganja (a farmers market for medical marijuana, in Seattle, dates back to 2010).

Wed
25
Apr

Nevada rules casinos must eject players too stoned to gamble

Although recreational marijuana is fully legal in Nevada, the Gaming Commission is taking a strict stance on its cannabis policies.

Tourists overindulging in some of Nevada's newly legal recreational reefer may find themselves getting kicked out of local casinos, thanks to new regulations passed by the state's gambling board.

Last week, the Nevada Gaming Commission unanimously approved an amendment that will require casinos to prevent customers who are visibly impaired by cannabis or other drugs from continuing to play, as reported by the Las Vegas Review-Journal.

Fri
20
Apr

A museum of cannabis is opening in Las Vegas this summer

Las Vegas will be getting a new marijuana-themed attraction this summer with the opening of Cannabition, a cannabis museum, writes Calvin Hughes.

"Cannabition is an immersive cannabis museum celebrating the cannabis lifestyle through a series of non-consumption, multi-sensory art installations telling the story of the plant from seed to harvest," says the museum's website.

Fri
20
Apr

Nevada: Medical cannabis payment solutions to offer bank accounts for state licensed medical marijuana establishments

Medical Cannabis Payment Solutions (OTC:REFG), a leader in technological solutions for the medical cannabis industry, announced today the company will begin offering bank accounts to qualified and licensed medical marijuana establishments.

“State licensed medical marijuana establishments should not be sidelined out of the basic banking services they need because of flaws and limitations to our federal medical marijuana policy,” said Jeremy Roberts, CEO of Medical Cannabis Payment Solutions.  “With the federal guidance for banking marijuana proceeds, President Donald Trump’s assurances of our federal policy and the renewal of Rohrabacher-Farr, we will be able to provide not only payment processing but banking services as well.”

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