Nevada Cannabis

Planet 13 Holdings (OTC:PLNH), a key player in the cannabis retail and cultivation space has seen its stock drop 29% over the last 30 days, reflecting broader market pressures. However, the company presents an attractive opportunity for investors, given its discounted valuation relative to peers...

Planet 13 Holdings Inc. (OTC:PLNH) reported Friday afternoon a strong revenue increase of 29.7% year-over-year for Q3 2024, reaching $32.2 million. The growth was fueled by the expansion into the Florida market and solid performance at its Illinois store.  Despite the revenue boost, the company...

"We're like an Amazon shipping center...so brands can focus on growing," Sean Arroyo, President of Nabis, told Benzinga Cannabis. Nabis is reshaping cannabis logistics with an approach that rivals Amazon's operational scale, serving over 400 brands and ensuring thousands of daily...

The vertically-integrated multi-state cannabis company Planet 13 Holdings Inc. (CSE:PLTH) (OTCQX:PLNH) announced on Thursday that it's acquiring a Las Vegas-based cannabis dispensary. What Happened: The company's wholly-owned subsidiary MM Development Company, Inc. has entered into an asset...

Nevada is taking its first serious steps toward exploring a potential merger of its gaming and cannabis industries, as policymakers and industry leaders discuss how these two major sectors can legally co-exist. A recent panel hosted by the University of Nevada, Las Vegas (UNLV) brought this...

Here are the most important cannabis regulatory updates of the week. Nevada Awards Social Equity Licenses For Cannabis Lounges  The Nevada Cannabis Compliance Board (CCB) issued six licenses for cannabis consumption lounges reserved for social equity applicants. Kora Cannabis Lounge and Nevada...

A precedent 2022 ruling under which the Nevada Board of Pharmacy could no longer list cannabis as a Schedule I Controlled Substance was overturned this week by the Nevada Supreme Court, reported Las Vegas Review-Journal. What Happened In 2022, Clark County District Judge Joe Hardy Jr. sided with...

Planet 13's leadership, including co-CEOs Robert Groesbeck and Larry Scheffler and CFO Dennis Loganr ecently discussed the company’s strategic initiatives and market outlook in a webinar hosted by Pablo Zuanic of Zuanic & Associates. The conversation covered significant updates...

The Nevada Cannabis Compliance Board (CCB) disqualified six applicants seeking to establish cannabis consumption lounges under the state's social equity category. This decision affects several entities that had hoped to gain a foothold in Nevada's cannabis sector in locations across Southern Nevada...

There’s been some interesting developments in the cannabis regulatory landscape this days. Here are a few. Minnesota Missed A Spot When it comes to regulating cannabis, you never know where the incongruence is going to appear. Minnesota’s pardons and record clearing have created a...

The Nevada Cannabis Compliance Board issued a public health and safety bulletin Friday advising consumers and patients to be cautious when consuming some of the mislabeled cannabis products.   While the listed cannabis packages passed laboratory testing, the error appears to be in labeling, with...

The Lexi Hotel in Las Vegas, a trailblazer in cannabis-friendly hospitality, is on the market once more. Known initially as the Artisan, this unique property has taken another turn in its storied history of transformations and financial upheavals.  Owners, Elevations Hotels and Resorts, have...

C21 Investments Inc. (CSE:CXXI) (OTCQX:CXXIF) has completed the previously announced acquisition of a 6,500-square-foot, purpose-built, operational retail cannabis dispensary in South Reno, Nevada. The company's wholly-owned Nevada subsidiary, Silver State Relief, LLC, bought Deep Roots Harvest,...

In the first quarter of 2024, the cannabis sector faces a mixed economic landscape with a notable sequential decline in sales across several states. Pablo Zuanic, senior analyst of Zuanic & Associates has detailed insights into the sector's performance, particularly focusing on multi-...

Cannabis Company AYR Wellness Inc. (OTC: AYRWF) launched its Kynd brand's premium edibles in Florida and Nevada, emphasizing natural flavors and vegan gluten-free options.  "As we continue to relaunch our flagship cannabis brand, kynd, we are thrilled to expand the brand’s...