Canadian CANNAINVESTOR Magazine June / July 2018 | Page 180

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Illegal or semi-legal dispensaries and even marijuana kiosks, were taking shape, even beside a “7-11” convenience store! A match made in heaven for some. We saw many of these please that promoted the “cannabis card”, a must for people that require medical marijuana.

Consumption lounges, or places to smoke, vape, and the like, are also coming into existence. The regulation describes them as “a business which offers, as its principal or a primary activity, a location and equipment for the consumption of marijuana or marijuana products”. Nevada, as Nevada State Senator Tick Segerblom said, has a goal of modeling the industry after Amsterdam. This has also been proposed in various provinces in Canada as a place to safely, and within the parameters of the law, use cannabis.

It is relatively cheap to obtain a license in Las Vegas. According to the Medical Marijuana Establishments Municipal Code 6.95 in Las Vegas, it can be as low as $5,000 annually, as cost being a barrier to entry in this market is seemingly low, or lowER.