Cannabis industry blooms in Nevada, after State issues 61 new licenses – News3LV

Here’s the breakdown of recently granted #Cannabis licenses in Clark County (31 in total):

-5 in North Las Vegas

-6 in Henderson

-10 in Las Vegas

-10 in unincorporated Clark County

LAS VEGAS (KSNV) — 

The cannabis industry is growing across Nevada, and in Clark County.

The Department of Taxation issued 61 conditional licenses to businesses to sell marijuana in Nevada this week.

31 of those licenses are for businesses in Clark County, according to the Department of Taxation:

5 in North Las Vegas 6 in Henderson 10 in Las Vegas 10 in unincorporated Clark County

Currently, there are 65 stores in Nevada that are licensed to sell marijuana. 48 of those are in Clark County, according to the Department of Taxation.

In order for these newly licensed businesses to open up shop, they must get their local approvals and final inspections within 12 months.

While this new development is allowing some to grow their business, it isn’t resonating well with everyone in the cannabis community, according to cannabis consultant Jason Sturtsman. He explained that a handful of businesses received several licenses, while many others couldn’t snag a single license.

“The big concern is setting up monopolies in the state,” Sturtsman said. “Having more competition is good because it allows the price to come down for consumers, and we keep a little bit more of that money here in Nevada.”

Some of those who were not issued a license, according to Sturtsman, include cultivation and production spots.

“You have a lot of disappointed cultivations and productions that were hoping to be vertically integrated,” he said. “I thought that it would be spread more evenly, especially between all of the cultivations and productions.”

However, Shane Terry says

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