What happens in Vegas, stays in Vegas? Not so, if the recently opened recreational cannabis megastore is anything to go buy. Las Vegas has always been known for setting the bar when it comes to giving people a good time, but the level to which “Planet 13” has taken cannabis will send waves around the world due to its massive size and opulence.
Nevada State Senator Tick Segerblom summarized it well in his opening remarks when he said, “Welcome to Amsterdam on steroids!” Amsterdam, the Dutch capital, has previously held the record for being the best destination for those who want to consume recreational cannabis.
Now Planet 13 has bested the entire Amsterdam, and some. All in one swell swoop. The mega-store is located in what was formally a warehouse but now hosts the 112,000 square-foot recreational cannabis retail giant. The facility has a mind-boggling 45 cash registers intended to serve the patron who will visit this superstore to sample what is on offer.
The superstore also has interactive LED displays that are designed to magnify the glitz and glamor of the facility.
Larry Sheffler, the business partner of the CEO of Planet 13 said that their intention was to “out-Vegas Vegas” when they set up the megastore. The results of their efforts certainly don’t disappoint.
Planet 13 is strategically located within a walking distance of other tourist attractions and facilities like Mirage, Treasure Island and Palazzo. Even Trump International Hotel is within a walking distance from the cannabis retail superstore.
The cannabis retail megastore plans to lure more people to spend their money on Nevada’s adult-use cannabis for decades to come. Nevada legalized recreational cannabis in 2016 and retail sales started in July the following year (2017).
The maiden year of adult-use cannabis sales raked in revenues that exceeded the optimistic projections by 40 percentage. That year, the state government earned $70 million in taxes from the retail sales of cannabis worth $425 million.
Many of the politicians present at the launch remarked that Nevada had learnt from Washington and Colorado and decided to make the regulators work closely with the cannabis industry instead of taking a hostile stance that would have stifled the growth seen so far.
The cannabis-free formal launch of Planet 13 was followed by an official ribbon-cutting ceremony on November 1 to start retail sales there officially. Anyone keen to sample the cannabis sold there can now visit the megastore. If you are from a state that hasn’t legalized adult-use cannabis as yet, treat yourself to what is available at Planet 13 while taking comfort in the maxim that what happens in Vegas stays in Vegas! You can bet that Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) and Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) are toasting to Planet 13 and wishing it the very best Vegas and cannabis have to offer.
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