The Las Vegas marijuana industry is just getting started, and NBC Nightly News is here to cover the story. A recent convention held in Las Vegas, the largest convention of its kind, was all about the booming business of pot. The convention, as well as many Nevada marijuana proponents, have high hopes that recreational marijuana will be coming to Nevada sooner, rather than later.
The marijuana business convention is only in its fourth year, but organizers say that it has grown exponentially. Entrepreneurs and business proponents of pot came from all over the country to show off their pot products and talk marijuana legislation. Two entrepreneurs from New Jersey are launching a company making high-end purses for women to stash their medical (or recreational) marijuana. More than five thousand attendees were there, not just for the growing marijuana industry but for the growing social movements behind the pot business.
NBC Nightly News investigated this Nevada marijuana business further and reported that, despite opposition, some Vegas politicians are embracing the 2016 ballot measure, with more than 40 million tourists visiting every year. NBC went to Las Vegas ReLeaf for the interview.
The Las Vegas ReLeaf medical marijuana dispensary is located just off the Strip and estimates that half of its business comes from tourists. Nevada already allows medical marijuana cardholders from out of state to buy cannabis in the state. Michael Hayford, a Las Vegas ReLeaf team member, states: “If it does go recreational, it’s going to add to the brand of Las Vegas…” bringing even higher hopes for sin city (pun intended).