Zephyrnet Logo

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

Date:

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.

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…

spot_img

Home

VC Cafe

Latest Intelligence

spot_img