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Las Vegas Strip Adding a Cannabis-Friendly Hotel

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Las Vegas Strip Adding a Cannabis-Friendly Hotel
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A company that operates a marijuana-positive hotel in Phoenix has bought a property just off the famous Las Vegas Strip. Nevada has legalized recreational marijuana, but it has never legalized consumption lounges.

New law allows recreational cannabis business owners to apply for licenses to open on-site consumption lounges. Planet 13 Marijuana Dispensary plans to build a 20,000-square-foot lounge with a four-inch-deep indoor splash pool and a 5,00- square-ft outdoor balcony. Hotel operator, which owns a "cannabis-friendly hotel in Phoenix, has purchased a boutique hotel just off the Las Vegas Strip.

Alex Rizk bought the Artisan Hotel at Sahara Avenue and Interstate 15 for $11.9 million. He plans to renovate the property and make it cannabis-friendly pending legislation. Riza's company owns the Clarendon Hotel in Phoenix. It describes its rooms and property as "cannabis- friendly"

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