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Nevada Legislature gives the green light to cannabis consumption lounges

In the final moments of Nevada’s 81st Legislative Session, lawmakers voted with bipartisan support to pass AB 341, giving the green light for cannabis consumption lounges. “My hope would be we see something open up towards the fall of this year, but it’s not going to surprise me if more realistically we’re looking into early next year,” Assemblyman Steve Yeager said. Yeager sponsored the bill. He explained there will be two models for. ....

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Why Are So Many Municipalities Opting Out Of Their State's Adult-Use Cannabis Marketplace?

Although sixteen U.S. states and Washington, D.C. have legalized adult-use cannabis, numerous municipalities, towns and cities are declining to participate in their state’s legal marijuana programs. One of the results of these opt-outs is that residents needing or wanting cannabis are obliged to travel to surrounding areas to obtain it.
Opt-outs, while nothing new, are impacting even major markets like California, where only 161 of the state’s 482 municipalities have chosen to join the adult-use program that began in 2019.
In Michigan, over 500 towns have prohibited cannabis operations since the state voted to legalize in 2018. In addition, Detroit is involved in a lawsuit over a disputed 15-year residency stipulation for social equity applicants that could result in the Motor City saying no to cannabis sales. ....

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What To Expect When Cannabis Consumption Lounges Become More Common

What To Expect When Cannabis Consumption Lounges Become More Common
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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Planet 13 Holdings' record sales 'becoming a trend' as it clocks in C$10.7M for month of April

Planet 13 Holdings record sales becoming a trend as it clocks in C$10.7M for month of April
Planet 13 Holdings Inc (CSE:PLTH) (OTCQX:PLNHF) VP of Sales & Marketing David Farris tells Proactive the group revealed record sales of C$10.7 million during the month of April, including a single-day record of US$543,000 on April 20 (aka 4/20), as tourism returns to Las Vegas.
Farris says April sales nearly totaled its sales from the entirety of the second quarter of 2020, which came in at C$10.8 million. He attributed the surge to increased tourist activity as pandemic restrictions wind down, on top of strong wholesale results and continued growth of its Medizin dispensary. ....

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Planet 13 brings in a 'historic' record single-day of sales during 420 holiday at dispensaries

Planet 13 brings in a historic record single-day of sales during 420 holiday at dispensaries
Planet 13 Holdings Inc (CSE:PLTH) (OTCQB:PLNHF) VP of Sales & Marketing David Farris tells Proactive the cannabis company has clocked up a record sales day on April 20, 2021, the unofficial marijuana holiday, by generating about $543,000 in single-day sales with gross margins during the month in excess of 50%. Farris says sales were accounted for at its local dispensaries along with its flagship SuperStore in Las Vegas, with cannabis flour, pre-rolled, and vapes leading the pack.
Quick facts: Planet 13 Holdings Inc
Price:
8.28 CAD ....

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