South Korea ‘goes green’, Massachusetts spends on weed, and Vegas projects cannabis lounges!
2 min read
Welcome to Green Entrepreneur’s video recap of the cannabis news you might have missed this week, hosted by our cannabis correspondent Conrad Martin.
South Korea becomes the First East Asian Country to Legalize
South Korea’s National assembly approved an amendment to the country’s Narcotics Control Act – allowing medical cannabis oil to be imported and sold. The move makes South Korea the first east asian country to legalize cannabis. Import and sale could begin in the first half of 2019
Related: South Koreans Can’t Get High?! (Week in Weed 8/31)
Massachussetts stoners spend $2M during first week of rec sales
During the first week of legalized recreational cannabis sales in Massachusetts, consumers spent $2 million dollars on cannabis and cannabis products. Two dispensaries reported revenues of $480k on black friday alone. And I thought I spent too much money on bud.
Related: Massachusetts May Leap Ahead on Cannabis Cafes
Las Vegas may open pot lounges in 2019
Nevada state legislator, Tick Segerblom, is pushing to open up pot lounges in Las Vegas. Not that I would ever ask why, but Segerblom’s goal in opening the lounges is to get cannabis out of Vegas hotels, casinos, and streets.
Related: You Can’t Smoke Marijuana on the Las Vegas Strip Yet
Be sure to keep up with all things cannabiz by checking out the newly launched GreenEntrepreneur.com
If you missed the last episode, check it out here: Americans Vote on Cannabis
https://www.greenentrepreneur.com/video/324123