Nevada Approves Cannabis Consumption Lounges Starting by the End of 2021
LAS VEGAS– The Nevada legislature passed a bill on Monday allowing cannabis lounges. One kind of licence allows an existing dispensary to add a space for a lounge. Strangely, only one lounge is allowed no matter how many locations a dispensary has in Nevada. The other model permits independent businesses to build a consumption lounge with single-use cannabis products for sale.
Since Nevada first legalized recreational cannabis in 2017 in Nevada, many tourists have discovered that while they can purchase cannabis, they have nowhere to legally consume it as many hotels forbid smoking cannabis in the rooms or other areas of the hotels. Cannabis products are generally not permitted inside casinos and hotels.
The first consumption lounges could open by the end of 2021. Starting July 1, dispensaries can start the application process for licensing with the Cannabis Compliance Board to open a consumption lounge.
Bloomios Reports Q1 2023 Revenue Growth of 30% Sequentially and 84% Year-on-Year to $2.75 Million
LOS ANGELES-- Santa Barbara-based Bloomios, Inc., a white-label and private-label manufacturer and wholesaler of hemp-derived nutraceutical, cosmetics, and pet products, announced its financial results for the first quarter ended March 31, 2023. The company reported ...
BREAKING: Trulieve Disciplined for Worker Death; Announces Exit from Competitive California & Massachusetts Markets
LOS ANGELES–Trulieve, a prominent cannabis company, has recently found itself embroiled in a distressing incident. In Massachusetts, a tragic workplace accident resulted in the death of one of Trulieve's employees. The company has since faced ...
Minnesota Legalizes Recreational Cannabis, Expanding Market and Tax Revenue
MINNESOTA. - Governor Tim Walz of Minnesota has signed into law a bill legalizing the recreational use of cannabis, making Minnesota the 23rd state in the U.S. to do so. The legislation, known as HF ...