Nevada

Beth Stravola is a serial cannabis industry entrepreneur who owns dispensaries in Arizona and Nevada; she is also the founder and CEO of Stavola Medical Marijuana Holdings and CBD For Life, and is a member of the New Jersey Cannabis Industry Association‘s Board of Trustees. Beth recently joined our podcast host TG Branfalt to talk about […]

A cannabis-centric museum is opening July 1 in downtown Las Vegas, Nevada, which will feature a 360-degree theatre and a 22-foot glass bong – the world’s largest – handblown by Jerome Baker Designs in Seattle, Washington over the Apr. 20 weekend. Tickets to Cannabition, which will open at Neonopolis, start at just $4.20. “Cannabition is […]

Nevada’s legal cannabis sales continue to outpace projections as January tax revenues reached $5.54 million, according to Department of Taxation figures outlined by Las Vegas Weekly. The revenues represent a stable market that has topped $5 million in tax revenues in four straight months. It’s the fourth-highest total since the state launched its recreational cannabis […]

Adult-use cannabis sales in Nevada since the market launched last July have reached $195,467,170, with tax revenues of $30,376,795, according to state Department of Taxation figures outlined by Patch. The figures represent sales of $1 million per day.   Wholesale taxes comprise $10.8 million of those revenue totals, while retail taxes make up $19.5 million. […]

Tax revenues from Nevada’s cannabis industry are continuing to exceed expectations as the state raised more than $5.5 million in November from the 15 percent wholesale taxes on medical and recreational products, and the 10 percent excise tax on adult-use sales, the Las Vegas Sun reports. The governor’s office had projected the industry would bring […]

Nevada lawmakers are working on two pieces of federal cannabis reform legislation which, if approved, would amend the Controlled Substances Act to allow cannabis to be used medically and researched, and another allowing states to regulate cannabis for recreational use, the Las Vegas Review-Journal reports. The move comes less than a week after Attorney General […]

Nevada’s combined cannabis sales reached a new high in October, totaling $37.9 million, the Las Vegas Review-Journal reports. The state received $5.8 million in tax revenues, of which about $3.8 million came from the state’s 10 percent excise tax on recreational sales. Since recreational sales began on July 1, the state has netted more than […]

Canada-based MPX Bioceutical Corporation has received final approval from both state and municipal regulators to acquire GreenMart of Nevada in a deal worth $17.81 million. GreenMart, based in Las Vegas, holds cultivation, production, and wholesaler licenses. The GreenMart North Las Vegas facility is expected to produce approximately 1.6 million grams of flower and 85,000 grams […]

Las Vegas, Nevada’s Nu Wu Cannabis Marketplace has opened the city’s first drive-thru retail location less than a month after the Paiute Tribe opened the location doors, KSNV News3LV reports. The owners say the option is convenient for people with disabilities and those who are just in a rush. “Medicinal patients – patients that aren’t […]

In an interview with the Cannabist, Nevada Department of Taxation head Deonne Contine disclosed the state had sold more than $33 million during its second month of adult-use sales – representing a 24 percent spike from the 27.1 million in sales in July. The revenues equate to $3.35 million in tax revenues derived from the […]

The makers of the adhesive Gorilla Glue have settled with GG Strains LLC, the cannabis company with strains called Gorilla Glue #1, Gorilla Glue #4, and Gorilla Glue #5, in a trademark infringement case, according to a Cannabist report. The agreement does not involve any monetary penalties or transactions. The agreement forces Las Vegas, Nevada-based […]

Nevada’s first month of retail cannabis sales almost doubled the first month sales of Colorado and Oregon as the state’s dispensaries saw $27 million in sales, compared to about $14 million in the Centennial and Beaver states, the Las Vegas Review-Journal reports. Washington sold just $3.8 million its first month of adult-use sales. The sales […]

The Las Vegas, Nevada City Council has unanimously approved a measure that allows Oasis Cannabis to stay open 24 hours-a-day, seven days a week – it is the first dispensary near the Strip granted approval to operate around the clock, the Las Vegas Review-Journal reports. The approval follows a Tuesday vote by the Clark County […]

Nevada Gov. Brian Sandoval insists that a recent decision by the state Legislative Counsel Bureau indicating that the state’s adult-use law does not prevent municipalities from licensing social-use clubs has “no precedential value,” and the issue should be determined by the legislature in 2019 according to a KTVN report. “I also question it because there […]

In an opinion issued on Monday, Nevada’s Legislative Counsel Bureau said that nothing in the state’s recreational cannabis law prevents local governments from permitting cannabis consumption at businesses, the Las Vegas Review-Journal reports. The opinion effectively allows municipalities to create social-use licenses that could be granted to cannabis-friendly lounges, coffee shops, and special events such […]

Acres Cannabis — a cannabis retailer in Las Vegas, Nevada — has secured an advertising deal to appear in corporate airline Allegiant Air’s in-flight magazine, according to a press release from the company. This announcement comes following a broad Clark County Commission proposal that would ban cannabis advertisements throughout Las Vegas’ McCarren International Airport properties and potentially […]

The Nevada Tax Commission has upheld the previous decision by the Tax Department that there are not enough liquor distributors in the state to serve the growing retail cannabis market, the Las Vegas Review-Journal reports. However, the commission’s decision is not final as the distributors have appealed the denial of a previous injunction request by the Nevada […]

Israel-based medical cannabis company Panaxia has partnered with Canada’s Bioceutical Corporation to set up four medical cannabis production plants in Arizona, Nevada, Maryland, and Massachusetts, according to a report from Globes. Last year, Panaxia set up a similar production facility in New Mexico, which went online in March. The agreement will see Bioceutical Corp., which […]

A Nevada District Court judge has denied a preliminary injunction sought by liquor distributors to prevent the state Tax Department from licensing cannabis businesses to distribute recreational products from cultivators and manufacturers to retailers, the Las Vegas Review-Journal reports. Carson City District Judge James Todd Russell ruled that alcohol wholesalers were unable to satisfy the […]

Nevada dispensaries selling adult-use cannabis are struggling to meet demand, causing a 20 to 30 percent drop in sales since the program’s launch, according to Department of Taxation figures outlined by the Reno Gazette-Journal. Distribution problems continue to plague the market, which has led to product selections being reduced by more than half. “These (retail […]

Oasis Cannabis, a Las Vegas dispensary, is now offering its delivery services to adult-use customers – while they still can, KTNV reports. Under the temporary regulations currently in effect in Nevada, recreational delivery is permitted; however, the Department of Taxation’s draft of permanent regulations do not allow adult-use cannabis delivery, citing safety concerns. Ben Sillitoe, owner […]

The Las Vegas Paiute Tribe is preparing to open what is believed to be the largest free-standing retail cannabis store in the country – a 15,000-square foot facility located less than a mile from downtown Las Vegas, KSNV reports. The shop, which is expected to open next month, will be called the Nu Wu Cannabis […]

During a public hearing by the Clark County Commission, which encompasses Las Vegas’ McCarren International Airport, commissioners proposed an ordinance that would ban cannabis advertisements and make cannabis possession illegal on all airport-owned properties, according to a report from Aviation Pros. However, if approved as-is, cannabis advertisements could also be banned from vehicles carrying passengers […]

Entrepreneurs in Las Vegas hoping to launch a tour bus company which would allow guests to consume cannabis have hit a snag due to a Nevada law that makes it a misdemeanor to ingest cannabis inside a moving vehicle, the Las Vegas Review-Journal reports. The owners of the GreenRush Puff Bus argue that their plan […]