Nevada Regulators Award State’s First Marijuana Consumption Lounge Licenses In Lottery Drawings

Nevada marijuana regulators have officially selected the first 20 independent cannabis consumption lounge licensees, half of which are going to social equity applicants, in lottery drawings on Wednesday.

The state Cannabis Compliance Board (CCB) announced the lotteries last week, saying it would be holding “two drawings via a random number selector.” Regulators say they expect the first lounges to open in the “first half of 2023.”

CCB said earlier this month that they received about 100 applications for the new license type during a 10-day application window in October.

The random number selection event will begin at 2 p.m. Watch live, here: https://t.co/WzRYVzLzRp https://t.co/JhLoxsAi0Y

— Nevada Cannabis Compliance Board (@NevadaCCB) November 30, 2022

At Wednesday’s event, regulators used random number selector software to pick the winning applicants. Corresponding application numbers were publicly displayed on a livestream, and officials plan to post the names of the chosen businesses online within a day.

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

The post Nevada Regulators Award State’s First Marijuana Consumption Lounge Licenses In Lottery Drawings appeared first on GrowCola.com.

Nevada marijuana regulators have officially selected the first 20 independent cannabis consumption lounge licensees, half of which are going to… Continue reading
The post Nevada Regulators Award State’s First Marijuana Consumption Lounge Licenses In Lottery Drawings appeared first on GrowCola.com. 

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