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Planet 13 to Build Vegas Consumption Lounge

Planet 13 to Build Vegas Consumption Lounge

Cannabis in the News, Dispensary

Thanks to the recent passage of a Nevada bill, Planet 13 has reserved “an expansive dedicated space” within its Las Vegas SuperStore for a consumption lounge which it will look to get built “as soon as possible.” Planet 13 Holdings Inc (CSE:PLTH) (OTCQB:PLNHF), a...
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Risk of Prosecution for Marijuana-Related Companies.  If you are considering investing in a company that is connected to the marijuana industry, be aware that marijuana-related companies may be at risk of federal, and perhaps state, criminal prosecution.  The Department of Treasury recently issued guidance noting: “ The Controlled Substances Act (“CSA”) makes it illegal under federal law to manufacture, distribute, or dispense marijuana.  Many states impose and enforce similar prohibitions.  Notwithstanding the federal ban, as of the date of this guidance, 20 states and the District of Columbia have legalized certain marijuana-related activity.”

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