Nevada to hold lotteries for consumption lounge licenses

Business of Cannabis reports

Nevada’s Cannabis Compliance Board (CCB) has announced it will be holding lotteries on 30 November to select 20 independent cannabis consumption lounge licensees, reports Marijuana Moment.

According to the announcement, half of the licenses will be reserved for social equity applicants. So far, around 100 applications for the new license type have been received.

Governor Steve Sisolak said: “The idea isn’t new, but no one is doing it like we are in Nevada. While most of the consumption lounges in other states don’t offer food, beverages or other entertainment options. Nevada’s lounges will be a one-stop entertainment shop to create jobs, grow the industry and boost our economy.”

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Nevada to hold lotteries for consumption lounge licenses

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