Nevada’s Cannabis Lounge Experiment Hits a Snag: Smoke and Mirrors Closes Amid Regulatory Challenges

Nevada’s ambitious venture into cannabis consumption lounges has encountered a significant hurdle with the closure of its first state-licensed lounge, Smoke and Mirrors, operated by Thrive Cannabis Marketplace. Opened in February 2024, the lounge ceased operations on April 4, 2025, citing an unsustainable regulatory framework that hampers profitability . Thrive’s...