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With Nevada Assembly Bill 341 Public Consumption of Cannabis in Nevada is now legal in both Free Standing Lounges and Dispensaries however, none have been launched yet.

1. I am the President and Founder of The Las Vegas Cannabis Industry Leaders Group - a non profit corporation dedicated to the advancement of public consumption of Recreational Medicine.
2. I moved to Las Vegas from Portland, Oregon to open a BBQ restaurant (Uncle B's Smokehouse BBQ) and a Cannabis Consumption Lounge (Budsy's Terp Lounge) similar to the one we had in Portland called The NW Cannabis Club.
3. The NWCC operated as a private cannabis consumption lounge with over 21,000 members from 2015 to 2021 and finally closing due to the Pandemic.
4. Las Vegas receives over 42 million visitors annually. It is estimated that more than 25% of those visitors want to smoke WEED.
5. Those 10 million WEED smokers have no LEGAL and SAFE place to CONSUME. It is illegal to smoke in public. 6. Hotel guests are required to sign a release authorizing the hotel to charge a cleaning fee of between $500-$2,500 to the already authorized credit card transaction if a guest smokes in their room and be ejected immediately from their room.
7. Nevada Assembly Bill 341 authorizes Public Consumption Lounges in Nevada. This already signed legislation is slated to be implemented in 2023 at the earliest.
8. A Private Consumption Lounge similar to the NWCC could be open and operating within 4-6 months giving a 2 year head start and effective first to the market status.
9. Chef Budsy hosted 8 cannabis infused BBQ dinners at the NWCC with attendance ranging form 70 to 120 guests paying between $75 and $125 per person. With the proper resources and capital we anticipate offering in excess of 400 cannabis infused dinners @ $150/person.
10. Uncle B's Smokehouse BBQ, Chef Budsy and Dr. Budsy's Medicated Sauce & Condiments has been approached by 4 dispensaries to provide white labeled cannabis infused BBQ dinners once consumption lounge licensing is permitted in Las Vegas. This is projected to charge these operation $105/prepared meal with the cost at $35 per meal.
11. This campaign is designed to fund the opening of a Private Cannabis Consumption Lounge in Downtown Las Vegas with cannabis products supplied by a nearby associated dispensary or delivery service.
12. The former Owner and Operator of the NWCC, Michael Keysor, has agreed to launch and oversee the operations of our new Cannabis Consumption Lounge here in Las Vegas.
13. A separate crowdfunding campaign on Indiegogo to raise $100,000 will allow fast tracking the opening of the private club during the renovation by offering 3 Day, 1 Week and 1 Month temporary memberships beginning in March, 2022 permitting cannabis consumption in a portion of the lounge during renovation of Budsy's Terp Lounge to give us some traction and revenue. This is a separate crowd fund on Indiegogo.

We have just launched a crowdfunding campaign on Indiegogo to presell memberships for a private cannabis consumption lounge similar to one we had in Portland, Oregon that ran continuously for 6 years developing 21,000 members. The lion's share of this campaign is to offer 10 units of a convertible debenture which will be fully paid for purchasing a VIP Members

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