Planet 13 Announces Third Quarter 2019 Financial Results Q3 Revenue of $16.7 million, $47.1 million for the nine months ended September 30, 2019 SuperStore accounted for 9.1% of all Nevada cannabis dispensary revenue in Q3 20191 Q3 EBITDA of $3.4 million, 24% sequential growth over Q2 2019 Well capitalized... Read more
State admits weed licensee list may be wrong as Contine balks
A portion of the August 2019 Department of Taxation list of Nevada marijuana licensees. The marijuana company that listed former state regulator Deonne Contine as a licensee says it had Contine removed a year ago as secretary of WSCC Inc., which does business as Sierra Well.  State regulators admit... Read more
LAS VEGAS (AP) — Nevada’s governor expressed outrage Friday and vowed to tighten control of the state’s lucrative legal marijuana marketplace in response to reports that a foreign national contributed to two top state political candidates last year in a bid to skirt rules to open a legal cannabis... Read more
iAnthus Expands Nevada Footprint with Agreement to Acquire Vertically Integrated Northern Nevada Operator Acquisition expands iAnthus’ presence across the state of Nevada, adding six total licenses (two retail, two cultivation, one processing, one distributorship) Two premier Nevada dispensaries currently operating under the Sierra Well store brand, including the first dispensary in Reno and one... Read more
Flower One Signs Sale-Leaseback Agreement with Treehouse Real Estate Investment Trust, a Leading Cannabis REIT TORONTO, Sept. 18, 2019 /CNW/ – Flower One Holdings Inc. (“Flower One” or the “Company”) (CSE: FONE) (OTCQX: FLOOF) today announced that one of the Company’s subsidiaries has entered into a sale-leaseback agreement (the... Read more
Cresco Labs to Acquire Tryke Companies Including the Reef Dispensary Portfolio – Consistent With Stated Plan to Establish Market Leading Positions in Both Nevada and Arizona and Build Brand and Wholesale Capabilities Announces C$73.5 Million Underwritten Public Unit Offering Tryke generated US$70.4 million in Revenue and US$24.6 million in EBITDA in fiscal 20181,... Read more
Recreational Marijuana Use in Las Vegas
On January 7, 2017, the use of recreational weed in Las Vegas, Nevada was finally legalized with the enactment of the Regulation and Taxation of Marijuana Act, when the voting populace voted favorably in an initiative petition for recreational marijuana use and was approved at the General Election held... Read more
Nevada bans rejecting job applicants over marijuana use
Two years after legalizing recreational marijuana, Nevada is telling job seekers: Light ’em up! Starting next year, employers won’t be allowed to reject potential job seekers because they failed a test for marijuana use. According to a new law signed this month, an employer can’t “fail or refuse to hire a... Read more
Green Thumb Industries Inc. (GTI) Closes on Acquisition of Integral Associates; Scales Brand Distribution in Nevada and Enters the California Retail Market Acquisition Includes Two Award-Winning Cultivation Facilities, 12 Retail Stores, Expanded Brand Distribution and Exceptional Talent CHICAGO and VANCOUVER, British Columbia, June 05, 2019 (GLOBE NEWSWIRE) — Green... Read more
VIDEO: Member Spotlight – Silver State Wellness
Get to know NCIA members Silver State Wellness in this month’s video spotlight. We speak with co-founder Ed Bernstein and general manager Emmett Reistroffer to learn more about their state-of-the art infused product manufacturing facility based in Las Vegas, Nevada. Their facility produces both medical and adult-use brands ranging from... Read more
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