Phil Ivey Eyes Health Marijuana Biz for Newest Joint Venture

Phil Ivey Eyes Health 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 isn’t smoking one thing, but their future customers may be: Ivey received one of 26 initial license approvals for the medical cannabis dispensary from the vegas City Council early in the day this week, potentially making the poker superstar one of the first operators into the city to offer pot to consumers.

You can find even more steps necessary before Ivey gets approval that is final open such a company, but his approval does suggest that the town found him qualified to go on in the licensing process.

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 city will now have to be approved by the state health division.

The City Council will eventually hold a last suitability meeting for people approved by the state before awarding a restricted number of licenses that have been set aside for Las Vegas.

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

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