Applications for marijuana consumption lounges have been accepted by the Nevada Cannabis Compliance Board (CCB) since Friday morning. On October 27, the window will be closed.
Many people are hoping that the new license type for these lounges would draw cannabis tourists and boost sales. Although there are currently no regulations that forbid marijuana usage in public, these lounges will offer a more regulated setting. Candidates must fulfill a number of restrictions, such as being at least 21 years old and not being the owner or operator of a dispensary in Nevada.
Nevada regulators predicted that they would receive 40 to 45 applications from merchants looking to sell marijuana in clubs. They stated that they don’t currently know how many applications for independent lounges will be made. It was noted that only 20 licenses will be issued in total – 10 of which must go to social equity applicants.
These lounges will be smoke-free, and vaping and smoking will be in a different room of the lounge or prohibited entirely. Only cannabis products can be consumed in these lounges. No alcohol, tobacco, or nicotine products can be sold in Nevada. These lounges will also be cannabis-only, meaning that no other products can be consumed there. Every visitor must receive free water from businesses.
An article in Cannabis Cultivator News discusses the limitations that will be placed on THC levels in edible and topical products following the legalization of cannabis for adult use in California. Edible products will be capped at 10 milligrams of THC, while topicals will be limited to 400 milligrams. All other cannabis products will be limited to 100 milligrams of THC, with a written warning if they contain more than 10 milligrams.
These limitations are meant to help ensure that consumers are aware of the amount of THC they are consuming and to protect them from accidental overconsumption.
The legalization of recreational marijuana sales in Nevada has been a major success, with tax revenue from cannabis sales totaling more than $152 million in the 2022 Fiscal Year.