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Euphoria wellness denver co11/19/2023 In Reno, Iturriaga’s customers were 90-95% local.Īnd in southeast Nevada, residents from nearby Utah were among those who crossed the state line, reportedly accounting for about half of those lining up Saturday morning at a dispensary in the town of Mesquite. “We had a really strong medical base of people,” he added.ĭoyle’s customers were about 75% local, which he credits to his location in a mostly residential area. He attributed the turnout by locals to a strong patient network and positive word-of-mouth. Jolley said the bulk of The Source’s customers were locals. “We’re down by the Strip, so we’ve seen a lot of tourists,” Sillitoe said. He estimated about half his customers were tourists, with a mixture of foreign and domestic visitors. Nevada’s opening weekend saw a mix of local and out-of-state customers, especially in Las Vegas. Though Sillitoe wouldn’t disclose sales figures, he said rec purchases were about 10 times more than a normal medical marijuana day. He declined to disclose sale figures.Ĭlaudio Iturriaga, chief of staff at Reno-based Sierra Wellness Connection, said the store made over 800 transactions on opening day, but he also declined to give sales totals.Īt Oasis Cannabis in Las Vegas, CEO and co-founder Ben Sillitoe said his shop made about 600 transactions, with 800-1000 people coming through the store. His workers operated seven cash registers and were able to keep the line manageable all weekend, Jolley said. ![]() Jolley said his store had over 1,000 customers on Saturday and more than half that on Sunday. “It was just a great experience overall.” “It was a festive, celebration atmosphere,” said Andrew Jolley, owner of The Source dispensary and retail shop in Las Vegas. So it wasn’t surprising when licensed retailers opened their doors last weekend that recreational cannabis sales quickly outpaced MMJ sales at dispensaries with adult-use permits. Rec marijuana sales are projected to range from $75 million to $150 million and overall marijuana sales are expected to generate $120 million-$205 million for the year, according to the 2017 Marijuana Business Daily Factbook, The state’s financial opportunities from rec marijuana are vast, with Las Vegas receiving over 40 million visitors alone each year and an estimated 290,000-320,000 in-state customers. But state regulators gave the rec industry a jump-start by allowing medical marijuana dispensaries to apply for licenses to sell adult-use cannabis from July 1 until rules for a full-fledged market are finalized in January 2018.Īs of Friday, the state had licensed 44 dispensaries to sell recreational marijuana, including 39 in the Las Vegas area. Nevada’s voter-approved adult-use sales weren’t expected to begin until 2018. Without a resolution to the distribution issue, adult-use sales can continue only as long as the dispensaries’ medical cannabis supplies last. In particular, Nevada’s rec industry could grind to a halt if the state can’t soon come to terms with alcohol wholesalers over who can distribute recreational cannabis. But after that, it’s an open question, owing to a simmering legal dispute with alcohol wholesalers. Looking ahead, store owners said they believe they have enough product on hand to meet demand in the coming weeks. “It was so overwhelming I don’t think the staff had a great time,” he added. Saturday, which was a six-figure day in sales, according to Doyle. ![]() Euphoria was forced to turn away about 200 people at 3 a.m. Larry Doyle, owner of Euphoria Wellness in Las Vegas, said his store averaged about 675 rec customers Saturday and Sunday. ![]() Such consumer enthusiasm is expected to generate tens of millions of dollars in new sales for Nevada retail marijuana businesses through the second half of 2017.ĭispensary operators in Nevada’s largest city were especially busy.
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