Solaris Farms' turnkey approach to cannabis greenhouse cultivation couldn't be better timed. Internationally recognized one of the world's most popular resort cities, Las Vegas is one of the world's most visited tourist destinations
. Averaging 42 million visitors
a year, spending billions of dollars, the city has blossomed into an iconic metropolis in recent years. From ongoing revitalization efforts and an artist renaissance, cannabis is quickly becoming part of the rich culture, art, and history that can be experienced by visitors to Las Vegas.
Located in the heart of the cannabis industry north of the Strip, Solaris Farms is not only implementing a new model for cannabis greenhouse cultivation, they're also tackling production and branding by building the state's first cannabis production and brand campus, Hydra Labs
, which will break ground in late 2018 or early 2019.
Since legalizing recreational cannabis on July 1, 2017, Nevada has emerged as one of the fastest growing, legal cannabis markets in the US. According to the Nevada Department of Taxation
, cannabis sales accounted for approximately $386 million of the state's total taxable sales between July 2017 and March 2018, comprising approximately 19.3% of the Silver State's growth in taxable sales compared to the same period of the previous year.