Original Source:
New Jersey cannabis attorney Rob DiPisa said in an interview with Marijuana Business Daily last week that people were looking forward to 108 licenses being issued “because the last one (round) was so competitive that it almost excluded mom-and-pops from the industry.”
So, he expected many would be disappointed if only 24 permits were issued.
Application forms will be posted by July 15 and due back by Aug. 21 for dispensary applications and Aug. 22 for the others.
Here’s how the licensing breaks down:
- Northern Region: 2 cultivation, 5 dispensary and 1 vertically integrated (grower, cultivation, and dispensary).
- Central Region: 2 cultivation, 5 dispensary, and 1 vertically integrated.
- Southern Region: 1 cultivation, 5 dispensary, and 1 vertically integrated.
- One at large vertically integrated permit.
Applicants may seek up to three permits in total but may submit only one application per region.
Applicants for a vertically integrated permit may submit only one application.
