Attendees of the Champs Trade Show at the Las Vegas Convention Center peruse cannabis products on Wednesday, July 16. (FOX5)
LAS VEGAS (FOX5) -
Medical marijuana dispensaries are coming to Clark County, and there's typically a lot more available at them than people may realize.
With that in mind, exhibitors from across the county have gathered at the Las Vegas Convention Center for the Champs Trade Show, one of the largest shows of its kind in the world. They're displaying state-of-the-art products for the medical pot business as prospective dispensary owners make business plans.
"The newest, coolest, freshest thing is what everybody wants to buy," an attendee who identified himself as Master Bong said.
About 800 exhibitors have everything from glass bongs to smoke soap and hemp shampoo. They're items you may soon find in a local dispensary.
"I'm all about helping people in smaller businesses and also being a part of something that's new and fresh," said Rob Browning, a representative from exhibitor Futurola.
Cannabidiol (CBD) is the basis of many of the products on display, including oils and chewing treats. Many consumers believe that Cannabidiol, a chemical compound found in cannabis, has positive medical effects without the high normally associated with cannabis.
"It releases the natural serotonins, endorphins. It helps me relax. It keeps me from getting too stressed out," attendee Bobby West said.
"Learning about CBD and the effects it has for some people – once I did that, I had to get involved," exhibitor Jason Golec said.
While CBD is legal in all 50 states, there are still distribution problems associated with it and many other marijuana products.
"Being in the cannabis business, there are all kinds of regulatory problems," exhibitor Andrew Hard said.
Because federal law deems cannabis illegal and the federal government regulates the banking industry, business dealing with controlled substances will get red-flagged by banks.
"They cannot process checks. They cannot run direct deposit. They cannot use direct deposit to pay their employees. This forces businesses to be cash only," Hard said.
Still, Champs attendees said this is a minor challenge for the booming industry.
The Champs Trade Shows wraps up Thursday at 6 p.m.
Copyright 2014 KVVU (KVVU Broadcasting Corporation). All rights reserved.
Wednesday, July 30 2014 5:57 AM EDT2014-07-30 09:57:07 GMT
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