September marked the end of the first quarter of the fiscal year, bringing year-to-date collections to $23.48 million, a 77 percent increase year over year.
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The city of Las Vegas voted 6-0 Wednesday, with Mayor Carolyn Goodman abstaining, to approve a bill allowing a store to open if it only has a recreational license.
Cannabis banker Sundie Seefried is drowning in a sea of paperwork. And that — she told a Las Vegas audience — is why her financial institution and other banks have to charge high fees to work with marijuana companies.
The three-day MJBizCon conference kicked off Wednesday morning at the Las Vegas Convention Center with speeches by executives at leading North American cannabis companies.
Combined taxes on wholesale and recreational marijuana sales generated $8.1 million in August, beating out July’s monthly record of $7.9 million.
The deal is the largest ever in the Nevada marijuana industry and creates the state’s biggest dispensary operator by locations. Green Thumb will now operate five dispensaries in Nevada, including the only one on the Strip.
The seventh annual conference, which kicks off Wednesday at the Las Vegas Convention Center, will bring more than 25,000 industry professionals to town for three days of networking and deal making. More than 1,000 exhibitors will offer an array of industry services and products ranging from accounting software to extraction equipment.
The forced resignation of U.S. Attorney General Jeff Sessions has people in the local marijuana industry breathing a sigh of relief.
Planet 13, which bills itself as one of the largest dispensaries in the world, opened to the public Thursday.