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NCIA Cannabis Industry Voice

The Rise of Cannabis Consumption Lounges: Risk and Opportunities

July 11, 202227 min

The Rise of Cannabis Consumption Lounges: Risk and Opportunities

NCIA Cannabis Industry Voice

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The Rise of Cannabis Consumption Lounges: Risk and Opportunities Mathew Grimes (The Grimes Law Group), Jodi Green (Miller Nash) NCIA’s Risk Management and Insurance Committee. Cannabis consumption lounges, we start by talking about what they are, how they work, why they exist, and why we need or want them? We compare a business model like this to something else that already exists in the alcohol industry, Bars. Also for fine cigars, there are special cigar lounges. So we talk about how this is similar, and how is it different. We also dive into if our guests have had any experience with a consumption lounge yet.

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