Cannabis-friendly Las Vegas boutique non-gaming hotel listed for sale
Regulation · 2024-06-27

Cannabis-friendly Las Vegas boutique non-gaming hotel listed for sale

A boutique cannabis-friendly hotel near the Las Vegas Strip is up for sale.

An online listing shows the Lexi Hotel is on the market, but no asking price is listed.

The Lexi Hotel was purchased by the Phoenix-based Elevations Hotels and Resorts in 2022 for $11.9 million in a deal with The Siegel Group. The listing for the Lexi Hotel said there have been $4 million in renovations made in the property.

The Lexi Hotel, which used to be called the Artisan Hotel, reopened with its new name in June 2023 as Las Vegas’ first cannabis-friendly hotel and said it would dedicate an entire floor of the hotel to allow for the use of marijuana products.

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