Nevada

Synonyms: 
las vegas
vegas
Tue
27
Feb

Nevada's recreational marijuana market approached $200M last year

Despite only kicking off in July, Nevada’s recreational marijuana industry sold nearly $200 million worth of the plant last year.

That’s according to figures released Friday by the Nevada Department of Taxation, per a report from the Las Vegas Review-Journal. Those sales generated more than $30 million in tax revenue for the Silver State.

In Nevada, there’s a 15 percent wholesale tax, paid by both medical and adult-use (recreational) cultivators, as well as a 10 percent retail tax on recreational sales. The state also generates money from licensing fees paid by businesses in the space.

Fri
23
Feb

This Las Vegas airport is letting people dump their marijuana before flying

A green metal container designed for drug disposal outside McCarran International Airport in Las Vegas on Feb. 22, 2018.

What happens in Vegas really can stay in Vegas.

Tourists catching a flight out of Sin City can now dump their leftover legal marijuana in metal containers set up at the airport.

The 10 green bins dubbed “amnesty boxes” prevent federal transportation agents from finding pot on passengers during security screenings. The drug is legal in Nevada but still banned by the U.S. government.

Thu
22
Feb

Nevada: Marijuana dispensary numbers could grow with recreational pot

The last marijuana dispensary in Clark County is set to open in a matter of weeks.

All municipalities in southern Nevada that are participating in a pot program have hit the maximum allowed under state law.

Cultivate is located near Spring Mountain Road and Valley View Boulevard. 

Not only have municipalities hit the maximum allowed, but the state has allowed a few to go over the limit. Despite the cap on dispensaries, the number could double as soon as the permanent recreational program comes online.

"You can see, we've done quite a bit," said Matthew McClure, general manager, Cultivate. "We're kind of in the tail end of this." 

It's been a long time coming but Cultivate is getting ready to open.

Thu
22
Feb

Marijuana businesses are being kicked off of social media. What can they do?

While the debate over the role technology companies played in allowing foreign influence to affect American elections is raging, a quieter battle is unfolding behind the scenes.

While this skirmish is nowhere near as consequential as Russian trolls blasting out Jesus memes to denounce Hillary Clinton, for the burgeoning marijuana industry a high hurdle has been placed in its path.

Smokers love looking at good marijuana. Cannabis advertising has long been visual gold. Long before any state enjoyed legalization, photos of dank buds from cannabis cups were shared and ogled at.

Fri
09
Feb

Some cities are tossing old cannabis convictions. Will Nevada?

Some California cities such as San Diego and San Francisco are automatically tossing misdemeanor marijuana convictions. Basically, if what you did then is legal now, your record is free and clear. No muss, no fuss.

Will Nevada adopt this policy? This past summer, Gov. Brian Sandoval vetoed a bill that would have helped with vacating past marijuana convictions. His reason? The bill was too broad, and he’d approved other ways for people to get their records sealed.

Thu
08
Feb

Nevada marijuana model will be studied by New Jersey group

A band of New Jersey lawmakers and marijuana executives will be in Las Vegas Thursday and Friday to pick the brains of their Nevada counterparts.

The visit is part of a “fact finding” trip for elected officials, including Atlantic City Mayor Frank Gilliam, to learn how Nevada went about erecting a regulated marijuana market within seven months of voters approving legal sales.

Newly elected New Jersey Gov. Phil Murphy has vowed to bring recreational marijuana to the Garden State, and the visit offers lawmakers a chance to learn from Nevada officials and stakeholders about what worked, what didn’t and what unforeseen issues might arise along the way (looking at you, distribution).

Thu
08
Feb

Recreational marijuana wars: Nevada vs. California

Nevada’s neighbor to the west became the sixth U.S. state to kick off recreational marijuana sales on Jan. 1, just six months after the Silver State started sales last July.

Almost 100 dispensaries across San Diego, San Jose, Oakland and Berkeley are among California stores licensed to sell recreational marijuana. A study from the University of California, Davis, estimates the state’s industry, once fully operating, could be worth as much as $5 billion annually by 2020.

But higher total cannabis taxes, lesser legal availability per capita and lower testing standards could keep the black market healthy and prevent California’s industry from expanding, according to a Berkeley-based pot expert.

Fri
02
Feb

Las Vegas store sells products offering cannabis benefits without the high

A new one-of-a-kind store in the valley sells products to give customers medical benefits of cannabis without the high.

"I'm hoping to offer easy access to legal medication," owner Joe Vargas said. 

Buy Legal Meds is now open on Tropicana and Decatur. It's the start of what Vargas said is the world's first CBD oil retail chain.

The shop sells CBD and hemp-based products which fall under a different category than marijuana because they contain either no or only trace amounts of THC.

Vargas says that means users can reap some of the medical benefits without getting high.

"This is definitely an alternative because you don't get the THC psychoactive high from CBD products," Vargas said.

Thu
01
Feb

Nevada welcomed Israeli Marijuana scientist, U.S. immigration threw him out

He came from Israel to the US for work, got married, bought a house and expected to start a family right away. Then US immigration authorities forced Shimon Abta him out of the country for being a “trafficker of illicit drugs.”

Abta, an expert Israeli cannabis agronomist, was sent by his employer to consult with American companies in states where medical marijuana is legal. He was living in Las Vegas and met an American Jewish woman on JDate. They married last year and together started becoming more religious. Both in their 30s, they are eager to start a family.

Thu
01
Feb

Nevada: The world’s first ever CBD store will open this week

If you’re a CBD fan, your world is about to get a whole lot better. That’s because the world’s first ever CBD store is set to open this week. The store, which is called “Buy Legal Meds,” is set to open in Las Vegas, and from the sounds of things, it will offer pretty much every CBD product you can imagine.

The world’s first ever CBD store

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