Digipath Inc (DIGP)

[jaymes11]

The Las Vegas City Council voted yesterday on a resolution to legalize marijuana consumption lounges. The idea passed with a 4-1 vote.

As a result, marijuana consumption lounges are now legal within Las Vegas city limits. Of course, these businesses will be heavily regulated. As reported by the Las Vegas Review-Journal, rules for consumption lounges will include:


Advertisement

•Only adults 21 and older will be allowed to enter lounges.
•Lounges will not be allowed to sell or provide any actual cannabis. Instead, patrons must bring their own flower.
•Lounges will be allowed to sell paraphernalia.
•Consumption sites must be at least 1,000 feet from schools and casinos. Similarly, they must also be at least 300 feet from other protected institutions, such as churches.
•All marijuana consumption lounges must meet strict requirements for odor control, fire safety, air quality, sanitation, and security.
•Additionally, marijuana consumption taking place inside the lounges cannot be visible to the public.

For now, the state will only grant licenses to open a lounge to those already sanctioned to run a dispensary.

On the surface, this seems to contradict the rule that lounges cannot sell weed. But instead of being located inside the actual dispensary, weed consumption lounges will be separate from and adjacent to the retail space.


To open a lounge, business owners must apply to the city for a special use permit. The permit costs $5,000 annually.

this will be huge