The first licensed cannabis lounge in Nevada – Smoke and Mirrors, operated by Thrive – closed earlier this month, about 14 months after first opening its doors, KLAS reports. Just one state-licensed cannabis lounge – and one operated by the Las Vegas Paiute Tribe, which doesn’t require state licensing – remains operational in Nevada. Another […]
Nevada Cannabis News
Nevada boasts a bustling adult-use and medical cannabis marketplace. As home to Las Vegas, the state is also one of the most accessible U.S. markets for cannabis tourism. Learn about Nevada’s cannabis news, company acquisitions, and industry events below.
Cannabis legalization in Nevada
Nevada voted to legalize the plant during its 2016 general election and, as the home to Las Vegas—the tourism capital of the United States—the victory was particularly significant for the cannabis industry. Notably, Nevada’s legalization vote came just one year after the state’s medical cannabis dispensaries had opened for business, making it one of the fastest states to go from launching its medical program to a full-blown recreational marketplace.
Today, cannabis dispensaries are serving patrons aged 21 and older across the state. There are also consumption lounges opening throughout Las Vegas in the fall of 2021, with similar options opening statewide in 2022.
Cannabis purchasing and possession rules
- Adults aged 21+ can purchase and possess up to one ounce of cannabis or 1/8 ounce of cannabis concentrate in Nevada.
- Home grows in Nevada are generally not allowed, but exceptions are made for people who live more than 25 miles from the nearest licensed retailer.
Where am I—what is this website?
Ganjapreneur.com is an online resource dedicated to helping participants in the cannabis market as well as its many ancillary industries. If you’re new around here, you can subscribe to our daily newsletter to receive our regular industry updates—and if you are a cannabis business owner or someone who is looking to work with cannabis companies, check out our comprehensive cannabis business index!