Up to 40 cannabis consumption lounges coming to Nevada

In a 10-day period this month, the Nevada Cannabis Compliance Board reported receiving 100 complete state licensing applications.

For those who were affected by marijuana regulations prior to the state legalizing the drug in 2017, nonrefundable application fees had been set at $100,000 for dispensaries, $10,000 for independent applicants, and $2,500 for social equity applicants.

20 of the completed permits were for established dispensaries with lounges close to or attached to them. The number of these enterprises that the state will be granting licenses to has not been decided.

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