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Tag: Planet 13

  • Which Legal Industry Is Bigger Marijuana Or Sports Betting

    Which Legal Industry Is Bigger Marijuana Or Sports Betting

    They are considered vice industries – but the mainstream public love them. But which is bigger? 

    Vice industries have always made lots of money. Alcohol, porn, gambling, marijuana and tobacco. Alcohol is a fully legal and is an over $300 billion industry in the US and Canada. Pornhub, the top site in the category, always ranks high in search – usually in the top 10.  But two are new to the mainstream market, so which legal industry is better marijuana or sports betting?

    RELATED: The Simpsons Predicted Legal Weed So What’s Next

    Sin City is has a big hand in both industries. Gambling, which is different than sports betting, is the backbone of the Las Vegas….but sports betting and marijuana have made big marks. The Westgate is home of Superbook, the the largest sportsbook in the world. With their famed video wall, you can watch, bet and enjoy a fully stocked bar, cocktail service, and plenty of food options.  It is also home to marijuana Planet 13. It is the world’s largest cannabis dispensary, a 115,000-square-foot entertainment complex with dining, a bar, shops, light-sabre-battling robots and an immersive glass-fronted production facility. Soon Cannabition, an interactive, immersive environment will be open as part of the complex.

    Sports betting emerged after the 2018 U.S. Supreme Court verdict finding the federal government’s Amateur Sports Protection Act (PASPA) to be unconstitutional. Until then, the law mandated states could not “sponsor, operate, advertise, promote, license, or authorize by law or compact” sports betting. Now the market for such activity is starting to open up. 

    When Indiana first opened sports betting, the site saw state saw nearly $440 million in wagers, according to the Indiana Gaming Commission. And all of this cash was generated, too, without making much change to the current infrastructure. The state and business owners are making money.

    In 1996, California became the first state legalize medical marijuana legislation with the Compassionate Use Act. Colorado became the first state to legalize recreational marijuana in 2014. In 2018, Canada went legal. Now over 50% of the US population has access to legal marijuana and states with fully legal weed release more revenue from cannabis than alcohol. It has become so popular, it is cutting into the beer industry.

    RELATED: What Is California Sober

    So who is better in the growing industries?  Marijuana was a $30 billion industry in 2023. While the same year, Americans wagered a record $119.84 billion on sports betting which translated into $10.92 billion in revenue. So the cannabis industry is currently bigger.  Want to bet if it stays the same or changes?

    Anthony Washington

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  • What Can Consumers Expect From Marijuana Rescheduling

    What Can Consumers Expect From Marijuana Rescheduling

    Most of the industry has been thrilled with the progress of rescheduling.  But for the 40+ million who consume – what does it mean in real world terms?

    The federal government took a big step toward rescheduling marijuana from a Schedule 1, which is a dangerous drug with zero medical benefits, to to Schedule III such as ketamine, Tylenol with codeine, and anabolic steroids.  The industry is excited at the progress, the benefits will include the ability to have simple tax write off like any other normal mom and pop business.  But what can consumers expect from marijuana rescheduling.

    RELATED: Beer Sales Flatten Thanks To Marijuana

    Two longer term benefits. With a Schedule III classification, medical researchers may find it easier to obtain the necessary approvals and funding for studies.  With existing work, scientist have just began uncovering how the plant can help the body.  By better understanding of the compound’s potential, better treatments will be available for a variety of health issue. The pharmaceutical industry, the major leader in research, stands to gain from increased research opportunities.

    It also will move the medical industry closer into viewing cannabis as a legal, useful tool in treating patients. This could play a part in weaning physicians from using opioids for pain and using something developed from cannabis which is much less addictive.

    Another benefit is it allows legal businesses a bit more breathing room and some expansion, even in the short term. The hope is to push out the grey players who are causing issues. One which is the flow of premade products from maker to seller to consumer, currently – some cut corners and products are not quite the same as on traditional store shelves. Rescheduling will allow more oversight and safer products.

    “Legalization represents a pivotal shift towards a safer, more accessible, and consumer-friendly cannabis market,” said, Bob Groesbeck, Co-CEO Planet 13. “Legalization would not only have significant economic implications but would also greatly benefit cannabis consumers. “With legal status ensuring that products undergo rigorous testing for safety and quality, consumers can confidently access products that meet stringent standards.

    RELATED: Cannabis Industry Employs The Same As These Companies

    One benefit not seen in the near horizon is a lowering of prices. As a growing industry, most mom and pop need the extra cash to stabilize and grow. So while sales may happen, the benefit for the consumer is a healthy shop/product maker which will be around longer.

    “Cannabis policy is a burning question with a small minority of the public but data show that in congressional campaigns, the vast majority (nearly 90% of candidates) never mention cannabis policy in public. That suggests that most voters are focused on different issues. Despite that, the current cannabis rescheduling petition before the federal government, and initiated by President Biden, is moving at lightning speed compared to every other cannabis rescheduling petition before it.” shared John Hudak,  Director, Maine Office of Cannabis Policy.

    Terry Hacienda

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  • 5 Off-Strip Vegas Places To Feast When You Have The Munchies

    5 Off-Strip Vegas Places To Feast When You Have The Munchies

    Vegas is a place to have fun and indulge!  But what way to enjoy an evening is to take a break and have a feast!

    Vegas is the city of excess, a place for satiating your desires and indulging your whims. Long known as a city of drinking, gambling and showgirls – it is involving into even more. The culinary scene has exploded.  Gone are the mid level buffets and now there is global food scene to rival some of the top cities in the world. And if you head off-Strip, you can get a bigger and tastier experience.

    And Sin City has added yet another major semi-vice. While it has proven is has medical benefits, marijuana can also be used for fun and Vegas is becoming a green destination.  Planet 13, most likely the biggest dispensary in the country, just opened their new consumption lounge Dazed!.  Also, coming soon adjacent to the retail experience is CANNABITION, a state-of-the-art cannabis immersive experience.  And while it may not be the same without Elvis in a chapel, there is now a company specializing in cannabis weddings.

    RELATED: 5 Morning Activities To Help You Feel Happier

    During a night (or maybe day) of indulging – you might be hit with the munchies or the drunkies, so slip off the Strip and embrace some amazing food.  Here are 5 off-Strip places to feast recommended by a true insider. Michael Stratton’s latest project is General Manager of CANNABITION,  adding another layer to his seasoned career in entertainment and hospitality. He was a general manager at Bong Load Records, overseeing releases from The Killers, Beck, Elliott Smith, James Blunt and more. He also spearheaded the development and operation of the acclaimed music venue The Bunkhouse Saloon in Las Vegas.

    The Golden Steer

    Located at the corner of Las Vegas Blvd and Sahara Avenue and made famous by the Rat Pack. This old school Vegas steakhouse opened in 1958, and its rich history including Sammy Davis, Jr. performing and having his friends there to eat in the main dining room. Their beef and lobster is Insta famous and mouthwatering.

    RELATED: The Most Popular Marijuana Flavors

    Tacotarian

    This place is an authentic vegan experience in the Arts District. The casual environment with cool modern décor serves creative plant-based Mexican dishes like vegan al pastor and carne asada tacos. “Our concept is really good Mexican food which just happens to be vegan,” said Kristen Corral, cofounder of Tacotarian. “When you think of a Mexican-American restaurant, you think of yellow and orange colors, and that’s not something you always see inMexico. We’re doing Mexican in a very modern way — we brought in bright teal, black and white, and natural woods. Plus, we serve alcohol, which is not typical of vegan brands.”  While there, have a walk around while in the area and grab some drinks at a nearby bar or visit some vintage shops.

    Fukuburger

    Eat like a local on Jones in the Asian District. Many people don’t realize the massive Asian and Pacific Islander populations calling the Las Vegas valley home. If you’re looking for something different, Fukuburger is a casual burger restaurant with Japanese flair. Relish in burgers with Japanese-inspired toppings like teriyaki, furikake seasoning, and Spam. What started out as a food truck has turned into a cult.

    Esther’s Kitchen

    Italians have a long association with Vegas. Nestled in the Arts District, this is not your ordinary pasta place. Consistently noted as one of the highest-rated restaurants in the area, it is a thoughtful, chef-driven concept led by chef and owner James Trees. The rigatoni carbonara is perfect when you have been imbibing a little too much with the green or cocktails.

    Lotus of Siam

    On Flamingo Road close to the Strip this place is an easy trip for top-rated Northern Thai food. It is  has received numerous accolades, including being named one of the “best Thai restaurants in the country” by major publications. Chef Saipin Chutima is a pro at creating delicious delights.  No wonder they have a local and tourist following for dishes like their Sai Oua.

    Hope you might enjoy these 5 off-strip Vegas places to feast when you have the munchies or drunkies.

    Anthony Washington

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  • Vegas To Ring In New Year With Weddings, Weed, and WOW

    Vegas To Ring In New Year With Weddings, Weed, and WOW

    Vegas is always involving and always finding a way to entertain and engage visitors – Is this year going to be bigger & better?

    Las Vegas’s old theme was “what happens in Vegas, stays in Vegas”, but when was the city every discreet? Sin City seems to be always going for bigger, better, and flashier.  Gone are the days of the $9.99 buffets and hello to the world of excess and excitement.  Home to three Tiffany & Cos, 4 Guccis, 8 Louis Vuittons, and 3 Hermes shops in less than 2 square miles – Vegas knows money. Now this year looks like Vegas to win in the New Year with weddings, weed and WOW.

    RELATED: TSA And Cannabis: What You Need To Know

    This year on December 31, 2023, the date’s repeating 1-2-3 pattern has made it a popular choice for couples looking to make their nuptials extra memorable. This year’s specialty date just happens to fall on a holiday famous for its celebrations, making it even more appealing. And couples are responding.

    Photo by lindsayascott via Pixabay

    Melody Willis-Williams, the president of Vegas Weddings, which operates multiple wedding venues shared “Anytime you get these specialty dates, they’re always hugely popular. But tie that in with New Year’s Eve and it’s a showstopper.”  The record of  4,492 for marriages in Las Vegas set on 7. July 2007. The day of the “lucky sevens.”

    Of course, Vegas has always had iconic locations – from the Golden Steer Las Vegas – home to massive steaks and lobsters to the kitschy Vegas sign and Bellagio fountain shows…Vegas gives you are reason to return again and again. The Spheres are the current showstopper.  Social media as blown as at the $2 billion globe like arena the outside has transformed from the Rocketttes to a Christmas Ornament mesmerizing locals and online community. And this is the first full year to make a splash and fill it with action, music and wonder. Look for Phish, U-2, and, rumor has it, Harry Styles to be part of their lineup.

    RELATED: Easy Holiday Whiskey Cocktails

    One of the nations most popular dispensaries, Planet 13, off the Las Vegas Strip, will get a bump when Cannabition opens in an adjacent space.  The immersive, “Instagrammable” experience designed for entertainment and enlightenment has the cannabis community excited.

    And, coming off their inaugural race, the Las Vegas Grand Prix will return in 2024!  After the 2023, Vegas business are eager to the return and yet another unique attraction in Sin City.

    So whether a ring, race, ribs or weed….Vegas has a promising 2024.

    Sarah Johns

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  • 23-acre marijuana cultivation facility to be built near The Villages – Medical Marijuana Program Connection

    23-acre marijuana cultivation facility to be built near The Villages – Medical Marijuana Program Connection

    A 23-acre marijuana cultivation facility is to be built near The Villages.

    Planet 13, which operates marijuana superstores and cultivation facilities in California, Las Vegas and Illinois, is behind the facility to be located in Summerfield. The exact site has yet to be disclosed. Conceptual plans call for the construction of a one-story above grade industrial development. The construction timeline has not been determined, but work is not expected to begin before the later half of 2024. The project is estimated to cost $5 million.

    The facility in Summerfield will be the primary location for Planet 13’s grow and production operations in Florida, according to information on the company’s website. Planet 13 has set an ambitious target for opening 15 retail locations within the next two years in the Sunshine State.

    In 2021, Planet 13 paid $55 million to acquire a license from Harvest Health & Recreation Inc., allowing it to enter the Florida market. Licensed Medical Marijuana Treatment Centers (“MMTCs”) are vertically integrated and the only businesses in Florida authorized to dispense medical marijuana cannabis to qualified patients and caregivers.

    “Florida has long been one of our most coveted markets with over 20 million residents, 130 million annual visitors and incredible consumer demand already demonstrated in the medical program. It was important for us to enter the market prior to a transition to adult-use to put the pieces in place to capitalize on this…

    Original Author Link click here to read complete story..

    MMP News Author

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  • Las Vegas’s Sphere Gets A Weed Themed Competitor

    Las Vegas’s Sphere Gets A Weed Themed Competitor

    Vegas has a history of over the top attractions delighting and engaging the millions of tourists. From stars like Elvis and Celine to the Chihuly ceiling to the the highest roller coaster in the world, the city constantly thinks of ways of engaging the daily throng of visitors. The latest, The Sphere, is the VERY expensive world’s largest spherical structure and concert venue. The $2 billion globe is kicking it off with U2 in residence. Every night is an incredible visual as the sphere is also a giant screen with a variety of innovative imagines.

    But hot on the heels on the Sphere is Cannabition, a state of the art cannabis immersive experience opening next to Planet 13.  With 90% of the country open to some form of legal cannabis, this should turn out to be a key attraction – like Kentucky and their bourbon! The 12,000 square-foot cannabis immersive experience has engaged creators to make the experience incredible with or without a little extra (wink wink).

    But the founders aren’t stopping there.

    The immersive experience just made a significant partnership announcement. Cannabition is welcoming legendary founding figure of outlaw country, Mr. Willie Nelson and his celebrated brand, Willie’s Reserve. The teams are putting their heads together to assure guests a “stoned-cold good time!”

    Nelson, an icon of music and marijuana, has spent 7 decades changing the way people look at cannabis and has been a champion of legalization.

    His team shared, “with our new partnership in Cannabition, Willie’s Reserve is looking ahead with anticipation for a chance to bring Willie Nelson’s dream for legal weed to a new immersive experience in legendary Las Vegas. Now that’s entertainment!”

    RELATED: People Who Use Weed Also Do More Of Another Fun Thing

    Vegas in 2022, had 38.8 million visitors. Sin City ranks fifth worldwide in terms of worldwide tourism-related, and first in the US. In 2015, 84% of visitors to came from within the US.

    Managing Partner Pamela Hart, states “From inception to buildout our partners, sponsors, and creative teams are launching an over the top Vegas immersive experience and a must add to everyone’s visit”.

    Also joining the Cannabition team is LP Exotics. Founded by Marianna Arakelyan, who comes from the healthcare industry, Marianna has been at the forefront of pioneering life-enhancing programs across the Western United States.

    Managing Parnter Andrew Laub shares,  “Marianna Arakelyan has taken her expertise and passion to create opulent, tailor-made products to delight consumers.  The company and Arakelyan’s innovative and meticulous approach will be another asset to delight for the visitors.”

    RELATED: TSA And Cannabis: What You Need To Know

    Michael Stratton, the general manager, brings a wealth of entertainment and hospitality knowledge. Most recently, Michael was the General Manager and Director of A&R for the iconic indie record label Bong Load Records, where he managed specialty releases by artists like The Killers, Beck, Elliott Smith and James Blunt, among others. He is also major label recording artist himself, a 35-year Las Vegas resident and has lifetime of music industry and operations experience.

    Board Member Alex Brough believes Vegas will be home to the premier cannabis attraction and will add to the list of unique opportunities for tourists like Meow Wolf, the Mob Museum, and the extraordinary culinary scene.

    Anthony Washington

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