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Signed as Law: Nevada Legalizes Marijuana "Consumption Lounges" Despite Federal Prohibition

The new law creates two new cannabis business licenses. A license for a "retail cannabis consumption lounge” enables existing marijuana businesses to sell marijuana products for consumption on-site by adults 21 and older. An “independent cannabis consumption lounge” license authorizes a business to enter into a contract with an existing marijuana retailer to purchase and prepare ready-to-consume marijuana products for resale and consumption on site.
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