The Nevada Independent

Your state. Your news. Your voice.

The Nevada Independent


As Congress moves forward on cannabis banking, NV industry cautiously optimistic

The SAFER Banking Act, a new version of the SAFE Banking Act that passed the House seven times since 2019 but was never passed by the Senate, was again introduced in the Senate this year. The bill would allow legally operating cannabis businesses the same access to financial institutions that other legal businesses receive, from accounts to lines of credit to loans.

Indy Explains: What is the status of cannabis rescheduling in Nevada?

A committee was mandated to study federal and state laws and regulations concerning the removal of cannabis from Schedule I through SB277, which was passed in the 2023 legislative session. They are required to have a report ready for the Legislature by March 2024 that includes their research findings and policy recommendations.

Sign up for our newsletters

The Daily Indy
Sent each morning, our flagship newsletter includes a quote of the day, notes from the editor, our latest stories and op-eds, info on upcoming events and featured social media posts from around the state.
Indy Elections
Compiled by The Indy's elections team, this newsletter rounds up the latest news and trends from the 2024 Nevada campaign trail.
¿Qué Pasó en la Semana?
Un resumen de noticias el lunes por la mañana, notas de reporteros, fotos destacadas y avisos comunitarios. Todo, dedicado a servir al público de habla hispana de Nevada.
Indy Environment
Written by energy and environment reporter Amy Alonzo, this weekly newsletter is a roundup of environmental goings-on in Nevada and the West.
Indy Gaming
Written by gaming and tourism reporter Howard Stutz, this weekly newsletter highlights national and international gaming issues and how they tie back to Nevada.
DC Download
Assembled by our Washington, D.C. reporter Gabby Birenbaum, this Saturday morning missive recaps the recent activities of Nevada's congressional delegation.
Sound Check!
A periodic newsletter featuring the best of the IndyMatters podcast, extended interviews, photo galleries and staff recommendations on pop culture media.
Indy Education
A recap of the top education stories from the week, profiles of interesting staff and students, plus details of family-friendly events and resources throughout the state.
Behind the Bar
Comprehensive, accessible coverage of the Legislature. Subscribe for twice-a-week updates on legislative matters, plus notes on key issues and interviews.
Planet 13 Cannabis Dispensary located near the Las Vegas Strip is seen Friday, Dec. 6, 2019. (Jeff Scheid/Nevada Independent).

Cannabis regulators award the first three conditional consumption lounge licenses 

The Cannabis Compliance Board (CCB) approved Thrive Cannabis Marketplace, a multilocation, large-scale cannabis operator, for a conditional consumption lounge license for its Sammy Davis Jr. Drive location near Sapphire Gentlemen’s Club in Clark County. The nearby Planet 13 Dispensary was also approved for licensing at the public meeting, as was Washoe County’s The Venue at Sol Cannabis. 

Cannabis companies seek advance notice before state charges them for costly investigations

With an amendment, SB195 also seeks to require the CCB to provide estimates for the costs of investigations prior to the commencement of any investigation, remove the CCB’s authority to deny a license, transfer of interest, application, renewal or any regulatory process available to licensees for failure to pay fees, and introduce an appellate process for licensees.

Cannabis companies trying to limit penalties, fees charged by state regulators

Layke Martin, executive director of the Nevada Cannabis Association, presented SB195 to the Senate Commerce and Labor Committee on Wednesday, a bill that also would place a 30-day limit on the number of days that the Cannabis Compliance Board (CCB) has to approve a plan of correction or else it would be automatically deemed approved.

7455 Arroyo Crossing Pkwy Suite 220 Las Vegas, NV 89113
Privacy PolicyRSSContactJobsSupport our Work
The Nevada Independent is a project of: Nevada News Bureau, Inc. | Federal Tax ID 27-3192716