Consumption Lounges on the Horizon for Nevada

High Times

By the middle of next year, Nevada is poised to offer a new type of venue to get high. State lawmakers on Wednesday approved funding for the Nevada Cannabis Compliance Board to oversee so-called “cannabis consumption lounges” there. Members of the Interim Finance Committee “unanimously approved three items that will provide the [Cannabis Compliance Board] with funds to hire more staff, work with the state attorney general’s office to hammer out regulations, and direct cannabis revenue toward education funding,” according to the Nevada Independent. The Independent reported that the committee “would direct $10.9 million to fund 23 new full-time employees at the regulatory agency,” which “would include positions responsible for cannabis lounge licensing, pre-opening and ongoing compliance checks, background checks, lounge suitability determinations and criminal investigations.” Tyler Klimas, the executive director of the Cannabis Compliance Board, told the committee on Wednesday that the additional funding places the new businesses on track to open their doors early next year. “All goes as planned, we’re looking at—at least the first quarter, or the first half of 2022,” Klimas said, as quoted by the Nevada Independent. “Not only to see the lounges open, but then also the first part is where we would start to realize that revenue.” The new type of businesses were put in motion last month after Nevada legislators passed a bill aimed at diversifying the state’s still-nascent recreational marijuana industry. The legislation also included provisions for the cannabis consumption lounges: to provide “for the licensure and regulation by the Cannabis Compliance Board of cannabis consumption lounges”; to set “forth certain requirements for the licensure of cannabis consumption lounges”; and to set “forth certain requirements for the operation of retail cannabis consumption lounges and independent cannabis consumption lounges.” Consumption Lounges Won’t Be the Only Positive Change for the Industry The…

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Source : Consumption Lounges on the Horizon for Nevada

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