Podcast #10 here digs deep into the City of Las Vegas government’s disapproval of a for-profit company’s proposal to open a marijuana dispensary within the city limits in 2020. The proposed location was within the City of Las Vegas Ward 2 adjacent to a master-planned community known as Summerlin where some of the most expensive single-family homes in the Las Vegas Valley are located. Residents who live in that affluent residential section of the City of Las Vegas largely took a “not-in-my-backyard” stance in their opposition to the opening of a marijuana dispensary within a small shopping center at the intersection of West Sahara Avenue and South Fort Apache Road. The proposing company made what turned out to be self-destructive choices while attempting to win approval from the public and from City of Las Vegas government officials.
Nevada is far more lucrative to the cannabis industry than California according to The Motley Fool financial advisors.