1.  Except as otherwise provided in subsection 2, the Board shall not issue:

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Terms Used In Nevada Revised Statutes 678B.328

  • county: includes Carson City. See Nevada Revised Statutes 0.033
  • person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039

(a) More than one adult-use cannabis establishment license for an independent cannabis consumption lounge to any one person;

(b) More than one adult-use cannabis establishment license for a retail cannabis consumption lounge to any one person; or

(c) Both an adult-use cannabis establishment license for a retail cannabis consumption lounge and an adult-use cannabis establishment license for an independent cannabis consumption lounge to any one person.

2.  The Board may approve a transfer of an adult-use cannabis establishment license for a retail cannabis consumption lounge or an independent cannabis consumption lounge to a person that acquires a 100 percent ownership interest in a cannabis consumption lounge in a county in which the person holds another such license if the transfer:

(a) Complies with all requirements for the transfer of a license established by the Board pursuant to NRS 678B.380; and

(b) Will not result in the person holding more than two adult-use cannabis establishment licenses for a retail cannabis consumption lounge, adult-use cannabis establishment licenses for an independent cannabis lounge or any combination of the two.