Answers for all your questions about the New Jersey cannabis market and licensing process. What cannabis business licenses are currently available in New Jersey? There are currently eight (8) cannabis business license types available in New Jersey: Cultivator Processing Wholesaler Distributor Retailer Delivery Microbusiness What are the licensing restrictions for cannabis cultivator licenses in New Jersey? The number of licenses …
New York is taking an unprecedented approach to supplying the incoming recreational market. The first wave of legal cannabis crops will come from cannabinoid hemp farmers in upstate New York. The outdoor, “sun-grown” crops are expected to supply the first wave of dispensaries scheduled to open at the end of 2022. It presents a unique and positive opportunity for those …
Answers for all your questions about the New York cannabis market and licensing process. Who qualifies for social equity, adult-use cannabis retail dispensary licenses in New York? The Marijuana Regulation Taxation Act (MRTA) sets the following qualifications for social equity applicants: What are the ownership requirements for a cannabis business entity to be considered a social equity applicant? To be …
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 …
Since New York legalized recreational cannabis last year, the conversations around its impact have been buzzing. One of the topics, often polarizing public opinion, is the subject of social equity. New York is making waves for its robust Cannabis Social Equity Initiative. The Marijuana Regulation and Taxation Act (MRTA) was introduced and passed by Governor Kathy Hocul on March 10, …
Though adult-use cannabis was only recently legalized in New York, the plant has had a long history in the state including cannabis decriminalization that started in the 1970s and a medical marijuana program that was established in 2014. Cannabis decriminalization efforts started early in New York with the state decriminalizing possession of 25 grams or less in 1977. If found …
Get to know Point Seven Group founder and CEO Ashley Picillo. Shortly after High Country honored six local women in cannabis last year, where I referenced the book “Breaking the Grass Ceiling: Women, Weed and Business,” a colleague connected me to its co-author, Ashley Picillo, who just happened to have relocated from Denver to Snowmass Village for the summer (and stayed for …
The state of New York may legalize cannabis sooner rather than later. On January 7th, 2021 New York State Lieutenant Governor, Kathy Hochul, tweeted “It’s time to finally legalize marijuana and create an equitable adult-use cannabis program that generates much needed revenue for New York.” Only 9 short months later, Hochul has now announced the final picks to fill the …
The state of Ohio recently announced they will be issuing 73 medical marijuana dispensary licenses. Therefore, the State of Ohio Board of Pharmacy will award provisional dispensary licenses through a drawing process. The Board established thirty-one dispensary districts to utilize RFA II. The order in which the district drawings will occur is as follows: Moreover, below is the map of …
