1. No Offer or Solicitation
Nothing on LVCIL.com constitutes an offer to sell or a solicitation of an offer to purchase any security, equity interest, debt instrument, convertible instrument, membership interest, or other investment. No person should make an investment decision based solely on this website.
2. Public Website and Capital-Raising Communications
LVCIL.com is publicly accessible. Federal securities rules can treat communications on unrestricted public websites as general solicitation when they constitute an offer of securities. For that reason, this website is intended to present factual project and business information rather than offering terms. Any future securities offering will be conducted only under an appropriate legal exemption or registration framework and with the disclosures and investor qualification procedures applicable to that offering.
3. Prospective Consumption Lounge Status
Las Vegas Cannabis Industry Leaders was selected by the Nevada Cannabis Compliance Board as a prospective independent cannabis consumption lounge license holder. Prospective status does not constitute final licensure and does not authorize operation of a cannabis consumption lounge.
The Nevada Cannabis Compliance Board's prospective-license-holder requirements include evidence that the applicant controls $200,000 in liquid assets as part of proceeding through the suitability process. Satisfaction of a funding milestone does not itself guarantee suitability, conditional licensure, final licensure, local approval, successful buildout, or commencement of operations.
4. Development-Stage Project
Elements described on this website are at different stages of development. Budsy's BBQ, The Green Room, Chef Budsy™, Dr. Budsy's™, Medicated Hooch™, Medicated BBQ Sauce™, Barely Legal in Las Vegas, and related concepts may require additional financing, agreements, intellectual-property work, manufacturing arrangements, regulatory review, licensing, construction, staffing, distribution, market validation, or other development before commercial launch.
5. Planning Estimates Are Not Forecasts
References to capital requirements, startup budgets, ticket prices, food or product costs, four 100-person seatings, 400 guests per day, contribution margins, revenue capacity, or other economics are preliminary planning assumptions or capacity scenarios unless expressly identified otherwise. They are not audited financial statements, forecasts, promises, guarantees, or representations that those results will be achieved.
6. Forward-Looking Statements
The site contains statements about future plans and expectations. Words such as "plan," "target," "intend," "expect," "may," "could," "will," "develop," "launch," "build," "seek," and similar expressions may identify forward-looking statements. Actual results can differ materially because of financing, regulation, licensing, construction, real estate, consumer demand, competition, pricing, operating costs, staffing, supply chains, product development, litigation, economic conditions, federal or state law changes, and other risks.
7. Cannabis Regulatory Risk
Cannabis businesses operate within a complex and changing legal environment involving federal, Nevada, and local law. Nevada limits lawful cannabis operations to appropriately licensed businesses and imposes specific requirements on consumption lounges, cannabis products, retail relationships, age restrictions, operations, and facilities. Changes in law, regulation, enforcement policy, licensing status, or local requirements may materially affect the project.
8. Product and Manufacturing Risk
Descriptions of Dr. Budsy's products are product-development concepts. Cannabis products must be manufactured, tested, transferred, sold, served, and consumed through channels permitted by applicable law. Product formulations, names, packaging, potency, manufacturing arrangements, availability, and launch timing may change.
9. Media and Marketing Risk
Barely Legal in Las Vegas is intended to function as a media and exposure vehicle and is expected to pursue sponsorship, advertising, integrations, distribution, or other monetization. There is no assurance that the production will become self-funding, achieve distribution, generate a particular audience, or reduce customer-acquisition costs.
10. Business and Execution Risk
The project requires execution across food service, hospitality, cannabis regulation, product development, media, real estate, financing, staffing, technology, and marketing. Delays or failures in one component may affect other components. A license, brand, concept, intellectual-property claim, media property, or business plan does not guarantee commercial success.
11. Investment Risk
Any future investment in a development-stage private business would involve substantial risk, potentially including loss of the entire investment, lack of liquidity, dilution, financing risk, regulatory risk, and an uncertain time horizon. Prospective investors should conduct independent due diligence and consult their own legal, tax, accounting, and financial advisers.
12. No Reliance on Website Information
Website visitors should not rely on this site as a substitute for due diligence or formal offering documents. If LVCIL undertakes a securities offering, the controlling documents for that offering, not this website, will govern the terms and disclosures applicable to the investment.
13. Updates
Project information can change without immediate website revision. LVCIL may update these disclosures as financing plans, regulatory status, budgets, operations, or applicable laws change.
14. Project Discussions
Potential strategic partners or persons interested in learning more about the project may Schedule a Discussion. Scheduling a discussion does not create an investment relationship, constitute acceptance of an investor, or itself constitute an offer or sale of securities.