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Alaska May Have Opened the Door to Cannabis Lounges

Ryan Allway

November 23rd, 2015

Policy, Top Story

Alaska’s Marijuana Control Board voted to permit consumption of marijuana at retail stores, which could make it the first state to allow consumption outside of a person’s home. While the board voted 3-2 in favor of the amendment, Lt. Governor Byron Mallott must sign off on the new rules in order for them to be written into law after its reviewed by the Department of Law to ensure that it meets all of the requirements for an amendment.

The amendment will serve as a placeholder for the time being until the board decides exactly what these establishments will look like in practice, but after explicitly banning cannabis social clubs, users will be eagerly awaiting the specifics of the amendment. In many cases, users are hoping that cigar lounges present a precedent for the activity given the similarities in the way that the operate and contain the pungent odors.

In addition to being able to enjoy marijuana with friends outside of their homes, many cannabis users may not want to smoke near their children, making external establishments the only other option. The problem for lawmakers is that public consumption may expose the general public to cannabis at a time when tobacco smoking has even been banned in many places.

Finally, Amsterdam-like cannabis cafes could also help create jobs and tax revenue for the state by creating additional monetization opportunities.

When it comes to existing laws, Washington State has banned public consumption and explicitly outlawed cannabis social clubs for the time being, while Colorado is at least considering the legalization of social clubs. Oregon’s laws neither permit to ban cannabis social clubs, but they have explicitly banned the consumption of cannabis in public spaces. Alaska’s new amendment, if passed, could set an important precedent for the industry moving forward.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

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CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.

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