Nevada Consumption Lounge Licenses: Apply by October 27, 2022
Short Window for Two Types of NV Consumption Lounge Licenses
The Nevada Cannabis Control Board (CCB) just announced dates for two categories of cannabis consumption lounge licenses: one for existing licensed cannabis retailers and one for “independent” cannabis consumption lounges. Both types of licenses will sell single-use products rather than requiring customers to bring their own cannabis.
The application period is only 10 business days which means that applicants should start now to prepare for this competitive opportunity.
Application period opens: October 14, 2022, 8:00 a.m. (PT)
Application period closes: October 27, 2022, 5:00 p.m. (PT)
Consumption lounge licensing has a two-stage licensing process. An applicant must meet the minimum scoring guidelines in the initial licensing application and be selected by the random number selector for a prospective license. Applications will be scored for timely submission and completeness of submitted information.
Nevada Retail Cannabis Consumption Lounges
With application and approval, existing licensed cannabis retailers will be able to sell products to be consumed on-site. These lounges must be attached or immediately adjacent to an adult-use cannabis-retail store.
Only the owner of a licensed operational cannabis sales facility may be eligible to apply for a retail cannabis consumption lounge license.
The CCB will award 40 to 45 licenses to existing marijuana retailers.
Nevada Independent Consumption Lounges
The CCB will issue no more than 20 licenses for independent cannabis consumption lounges, with half earmarked for Social Equity applicants.
These licensed facilities will open as standalone lounges and sell single-serving and ready-to-consume products.
Any person may apply for an independent cannabis consumption lounge license. However, any one person may not hold both a retail cannabis consumption lounge and an independent cannabis consumption lounge license.
Social equity applicants must own 51% of the business and are defined as people living in historically disadvantaged areas and either were themselves convicted or are the family member of someone convicted for a nonviolent cannabis crime.