Nevada Marijuana Regulators Announce Lotteries For State’s First Consumption Lounge Licenses

Nevada Marijuana Regulators Announce Lotteries For State’s First Consumption Lounge Licenses
MJ moment

Nevada marijuana regulators announced on Wednesday that they will be holding lotteries at the end of the month to select 20 independent cannabis consumption lounge licensees, half of which will be reserved for social equity applicants. The state Cannabis Compliance Board (CCB) said it will conduct “two drawings via a random number selector” on November 30 to determine which businesses will be the first to receive approval for independent consumption lounge licenses. “The CCB anticipates the first lounges to be licensed and able to open during the first half of 2023,” a notice says. The CCB will conduct two drawings via a random number selector to determine the issuance of independent cannabis consumption lounge licenses for non-social equity applicants and social equity applicants on Nov. 30. Read more: https://t.co/fMwu8gvTA3 pic.twitter.com/e6Kgv7iLIG — Nevada Cannabis Compliance Board (@NevadaCCB) November 24, 2022 Regulators said earlier this month that they received about 100 applications for the new license type during a 10-day application window in October. These developments come more than a year after Gov. Steve Sisolak (D) signed a bill from Assemblyman Steve Yeager (D) legalizing consumption lounges. Current retailers are able to apply for a separate license category to build lounges into their existing operations, and they are not subject to a competitive selection process. The lotteries are for independent lounge licenses for businesses that want to enter into a contract with a retailer to purchase and prepare ready-to-consume marijuana products for resale at brand new facilities. CCB approved regulations for marijuana lounges over the summer. The law could also allow businesses that couple cannabis with yoga, serve infused food, offer THC-aided massage therapy or incorporate marijuana in other ways. The governor touted Nevada’s lounge law in a 4/20 op-ed for Marijuana Moment this year, writing: “The idea isn’t new, but no one is doing it like we are…

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Source : Nevada Marijuana Regulators Announce Lotteries For State’s First Consumption Lounge Licenses

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