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Nevada Officials Award Final 20 Licenses for Cannabis Lounges

Nevada state officials have released the names of 20 final applicants for licenses to operate cannabis consumption lounges.

The Nevada Cannabis Compliance Board conducted a digital drawing on Wednesday “via a random number selector to determine the issuance of independent cannabis consumption lounge licenses for non-social equity applicants and social equity applicants,” the agency said.

State law opened the door for the board to “issue 20 independent cannabis consumption lounge licenses, half of which (10) are designated for social equity applicants.”

According to the Board, lounges will open in next year. 

Wednesday’s announcement by the regulator board stated that these social equity applicants were granted licenses to operate a marijuana lounge.

Sunflower Compassionate Company (City of Las Vegas); Lyxe Consulting LLC (City of Las Vegas); Greenwood Investment Group, LLC (City of Las Vegas); N&D Enterprises LLP (City of Las Vegas); City Lights Production LLC (Unincorporated Clark County); Royal Tree TLC LLC (City of Las Vegas); and GGCPA SE 3 Inc (Unincorporated Clark County).

The following non-social equity applicants were also selected via the random draw: FCWC Operations LLC (City of Las Vegas); Shanghai Lounge LLC (Unincorporated Clark County); Higher*Archy LLC (City of Las Vegas); The Limo Joint LLC (Unincorporated Clark County);

KV Group, LLV, Nye County. The Standard Lounge, LLC, Clark County. La Lounge LLC, Clark County. Cafecito SW LLC, Clark County.

Las Vegas Cannabis Industry Leaders, City of Las Vegas; and Rolling Cloudz LLC (Unincorporated Clark County).

Last year, Nevada lawmakers approved funding for Cannabis Compliance Board in order for it to hire and support the staff required to operate the framework of the recreational cannabis lounges.

The Nevada Cannabis Compliance Board approved the last round of regulations regarding the use lounges in June.

“In addition to outlining the licensing and operation of consumption lounges, regulations approved today lay the groundwork for greater inclusion within Nevada’s cannabis industry,” the board said in the press release at the time. “All applicants must submit a diversity plan, summarizing actionable steps and goals for meaningful inclusion. Additionally, half of the independent consumption lounge licenses in the initial round must be awarded to social equity applicants.”

“Prior to an open licensing period, the [Cannabis Compliance Board] plans to roll out tools and resources including worksheets, video tutorials and live webinars in order to ensure interested parties have access to the same information and are able to successfully submit an application,” the release continued. “The CCB expects to open the first licensing round for consumption lounges in the Fall, allowing for the first consumption lounges to open as early as the end of the year.”

Local television station KTNV reported that a “handful of applicants gathered at Mariposa Restaurant [in Las Vegas on Wednesday] to watch the virtual drawings unfold.”

Tyler Kilmas, executive director at the Nevada Cannabis Compliance Board explained to the station the next steps for the chosen applicants. 

“We will do sit down interviews and make sure we understand their ownership structure and their business plan and then they will come in front of the board and the board will determine them suitable or not to proceed to perfecting their license,” says Kilmas.

According to the station, “the state opened an application period [in October], and in total 99 applications for a license were submitted.”

Nevada voters approved in 2016 a ballot initiative that legalized recreational marijuana use.