Phil Ivey Eyes Healthcare Marijuana Biz for Newest Joint Venture

Phil Ivey Eyes Healthcare Marijuana Biz for Newest Joint Venture

Poker superstar Phil Ivey has received preliminary approval for a vegas medical marijuana dispensary license in Nevada.

Phil Ivey is not smoking something, but their future customers may be: Ivey received one of 26 license that is preliminary for the medical cannabis dispensary through the vegas City Council early in the day this week, possibly making the poker superstar among the first operators into the town to offer pot to consumers.

You can find still further actions necessary before Ivey gets last approval to start such a business, but his approval does mean that the city found him qualified to go on in the licensing procedure.

This week to plead their cases for medical marijuana licenses about 50 potential operators went before the City Council. Those that got preliminary approval from the town will now have to be approved by the state health division.

The City Council will fundamentally hold a last suitability conference for all those approved by the state before awarding a restricted number of licenses which have been set aside for Las Vegas.

This means that Ivey still has a way that is long go before getting a last go-ahead to dispense medical cannabis in Sin City. But if he can make his way through the various licensing stages, Ivey might end up slinging weed just as prolifically as he makes pot-sized bets at the poker table.

Council Separate on Licensing Process

There has been a whole lot of debate o (more…)