A new generation of potential cannabis leaders learned Wednesday they had won a coveted provisional license to operate a consumption lounge through a process local advocates touted as a beacon of justice. The licensing round – which designates a set amount of licenses for “social equity” applicants – aims... Read more
High Times will bring together buds, business, and bowling at this year’s Biz Bash 4.0, an official after-party for MJBizCon to be held at the Brooklyn Bowl in Las Vegas later this month. With a special performance by Redman & Method Man, this year’s event promises a night of... Read more
A Clark County, Nevada judge ruled on Wednesday that the state pharmacy board does not have the authority to regulate cannabis and cannabis derivatives under state law and ordered the agency to remove marijuana from the state’s list of controlled substances. In the decision, Clark County District Court Judge... Read more
By Rachel Gillette & Nabil Rodriguez The State of Nevada’s Cannabis Compliance Board is set to open the application window for licensing marijuana consumption lounges across the state on October 14. The application window will only be open for 10 business days (through October 27) and the deputy director... Read more
Exclusive Interview with Planet 13 Co-CEOs Bob Groesbeck and Larry Scheffler Planet 13 (CSE: PLTH) (OTCQX: PLNHF) Co-CEOs Larry Scheffler and Bob Groesbeck last spoke to New Cannabis Ventures in March. Since then, the company has been navigating the tough economic environment. It has been able to maintain its... Read more
The Nevada cannabis industry rang up more than $965 million in taxable sales during the 2022 fiscal year, showing a slight dip from the $1 billion in sales recorded the previous year. Regulated sales of marijuana generated nearly $150 million in cannabis tax revenue, providing critical funding for the... Read more
The Las Vegas strip is about to get even more lit. Members of the city council cleared the way for the opening of cannabis consumption lounges, voting 5-1 on Wednesday against a motion that would have had Las Vegas opt out of allowing those businesses, according to the Las... Read more
Cannabis consumption lounges are coming to the city of Las Vegas. In a 5-1 vote, the City Council on Wednesday denied Councilwoman Victoria Seaman’s motion to opt out of allowing such businesses. Councilman Stavros Anthony, who wasn’t at the meeting, did not vote. By not responding to a letter... Read more
Exclusive Interview with Body and Mind CEO Michael Mills and COO Trip Hoffman Multi-state operator Body and Mind (CSE: BAMM) (OTCQB: BMMJ) has built its business in limited license markets with a focus on quality products at a reasonable price. It continues to maintain that differentiation as it goes... Read more
Earlier this month, three nonprofit organizations (the Legal Aid Center of Southern Nevada, Nevada Legal Services, and Code for America) were granted a total of $1.2 million from cannabis tax revenue from the Clark County Commission. Code for America, which received $200,000 of this amount, has been tasked with... Read more