Saying Las Vegas needs to use every tool it can to attract tourists and offer experiences they want during a downturn in visitation, the CEO of Fifth Street Gaming continued his push for a marriage between the casino and cannabis industries.

Cannabis' reclassification to Schedule I might signal big changes for Nevada's businesses and consumers; CCSD's Jhone Ebert inherits a changing school district; and 20 years in, local music mainstay Keith Thompson reflects upon the success of the Composers Showcase — all that and more on the latest episode of KNPR's State of Nevada.

Nevada's ailing cannabiz wants a better relationship with the casinos, the Las Vegas Sun reports. Since the state legalized REC in 2016, the casino industry, which answers to federal financial regulators, has distanced itself from the industry. The industry says that's part of the problem. The mandatory 1,500 feet between cannabis businesses and casinos keeps tourists away and invites the illegal market in.

A new executive order issued this morning by the Trump administration reclassified medical marijuana, a shift that could ease research restrictions, provide tax relief for cannabis businesses, and signal a more tolerant federal approach to the industry.

Trump’s order shifting state-licensed cannabis to a less-dangerous drug category provides a tax break for operators and eases research barriers.

Cannabis Caucus Co-Chairs Congresswoman Ilhan Omar (D-MN) and Dina Titus (D-NV) yesterday introduced the Higher Education Marijuana Research Act to eliminate barriers to the academic research of cannabis, protect universities and researchers, and promote the responsible study of marijuana.

Nevada’s legal cannabis industry is at a crossroads — statewide taxable sales have fallen in recent years, a decline that cost the State Education Fund, which receives a portion of cannabis tax revenue, roughly $12 million compared with 2024. The state is also navigating a nearly 9% year-over-year sales drop in 2025, a persistent illegal market and a lack of options for tourists looking to indulge legally during their visits here.

Durrett said 30% percent of weed sales in the valley are in the illegal market, meaning the state loses out on $30 million in tax money.