An increasing number of states have been opening application programs for cannabis business licenses, though this process differs between states. In Illinois and Missouri, license programs are run statewide, but in states like California, New Jersey, and New York, licensing periods are determined by municipalities. Oftentimes, applications are only accepted during a short window of time and are graded on …
New Jersey is one of 18 states that have legalized recreational cannabis, and anyone 21 and older can legally enjoy the benefits of its regulated marketplace. The first day of legal recreational marijuana sales began in April 2022. The decision to legalize personal-use cannabis was favored by most of the state’s residents, with 68 percent of voters in support in …
With New Jersey set to release the Adult-Use cannabis applications in the upcoming weeks, many are curious about how to enter the cannabis industry. It’s important to note New Jersey has prohibited “Full Vertical Operations” which is a common industry term used to identify a company who hold multiple license types. Therefore, the “Full Vertical” is used to describe an …
We have all been wondering which New Jersey cities would opt-in for cannabis retail sales. Ever since the November 2020 elections and New Jersey legalized adult-use cannabis throughout the state. Municipalities were provided an opportunity to decide whether or not they would accept cannabis businesses within their borders. The municipalities had the deadline of August, 21, 2021. At this time …
New Jersey has released their cannabis laws for the license application process. You may be wondering how to decipher these complex requirements. For instance, which license should you apply for? Conditional, Annual, or Conversion? What is an Annual Application? The annual license is the primary which demands all information required by §17:30-7.10 and the desired municipality. In addition, annual licenses …
New Jersey has legalized cannabis. Now what? Today, New Jersey cannabis laws allow for the possession and use of six ounces or less of cannabis on private property, which is now decriminalized in New Jersey for adults 21 and older. Though, it still is not technically legal to buy or sell recreational cannabis and won’t be until New Jersey state …
As we wait for New Jersey to drop more information on cannabis applications, those interested in starting their business should be aware of some key definitions in the process. New Jersey’s Legalization History: On February 22, 2021, Governor Phil Murphy of New Jersey signed cannabis legalization bills into law. The Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act established the …
Learn about the top cannabis industry news and current events from the week of June 13 through June 19, 2020.
Learn about the top cannabis industry news and current events from the week of May 23 through May 29, 2020.
