Las Vegas Cannabis Dispensary License & Consumption Lounge for Sale in Nevada - Court-Supervised Receivership

An exceptional opportunity to acquire a relocatable City of Las Vegas retail dispensary license paired with a provisional cannabis consumption lounge license, offered through a court-supervised receivership sale. The license is currently sited in the City of Las Vegas and is in good standing with the Nevada Cannabis Compliance Board. The core value of this offering is portability: a buyer may apply to relocate the license to any compliant location within the City of Las Vegas, subject to CCB approval of a change of location and City licensing approval. The associated 3,800 sq ft building is available as a separate, optional add-on.

A buyer with knowledge of the Las Vegas retail market can cite this license in a high-density, high-traffic corridor of their own choosing; the ability to select the location rather than inherit one is the central advantage of this offering.

The bundled provisional consumption lounge license is a genuinely differentiated asset. Nevada is among a small number of states with legal cannabis consumption lounges, and the CCB pipeline for new approvals is constrained. A buyer who builds a purpose-designed venue combining both licenses creates a retail experience unavailable to most competitors, with added revenue from lounge fees, curated experiences, and event programming. Nevada also caps the total number of retail dispensary licenses and is not issuing new ones; a buyer pursuing a new license today faces 12–24+ months of competitive application and local government approval, at costs routinely exceeding with no guarantee of approval. Acquiring this license pair eliminates that process entirely.

Structured as a license, assets, and equipment sale with optional real estate through a court-supervised receivership. Assets are sold AS IS, WHERE IS. Buyers should engage Nevada cannabis counsel to confirm site-specific compliance requirements prior to any relocation application. Ideal for experienced Nevada operators, seeking a differentiated retail and lounge platform in the Las Vegas market.

Details:

Facility Size: ~3,800 SqFt (Approximate, Pending Owner Confirmation)

Licenses: Retail Dispensary (Good Standing) + Consumption Lounge (Provisional)

Key Feature: License is Portable Within the City of Las Vegas Subject to CCB and City Approval

Real Estate: Optional Add-On – $1,800,000 Separate From and in Addition to the License Bid

Included: FF&E at Location, Trade Names, SOPs, Metric Data

Consideration: All Cash – No Seller Financing

Closing: Within 60 Days of Court Approval, Subject to CCB Transfer of Interest

Reason for Sale: Court-Appointed Receivership

Licenses:

Retail Dispensary – Authorizes retail sale of cannabis and cannabis products to adult-use and medical consumers at licensed premises, under CCB and City of Las Vegas regulations. May be relocated within the City of Las Vegas subject to CCB and municipal approval.

Consumption Lounge – Authorizes on-site adult consumption at a licensed venue, including the sale of single-use products for on-premises use, subject to CCB approval of final licensing and build-out. Nevada is one of few states permitting legal lounges.

Must Qualify to participate by October 12th, subject to court approval If you have any questions, Call Drew at (619) 653-0483

Must sign an NDA/Waiver before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group®, Inc.

Green Life Business Group®, Inc DRE CA LIC# 02061374

Samuel Baird DRE LIC NV #0146087

Drew Mathews, DRE LIC CA# 02091143

If you have any questions, Call Drew at (619) 653-0483

Email: ceo@glbgroupinc.com

Green Life Business Group® Inc. we are here to both help you sell or buy a cannabis business.

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This listing is represented by (Local Broker) via the Green Life Business Group® National Affiliate Program.

Disclaimer: The content of this listing is based solely on information provided by the seller to Green Life Business Group®, Inc. Green Life Business Group®, Inc has not independently verified or confirmed the accuracy, completeness, or reliability of any such information and makes no representation or warranty, express or implied, regarding it. Any party relying on the description or other listing information should conduct its own independent due diligence and verification.