The Mile Square City could soon become New Jersey’s Mile High City.
With the legal recreational marijuana on New Jersey’s ballot in November, cannabis companies are rushing to secure places in Hoboken. Colorado-based medical marijuana company Terrapin is the latest company to go public with plans to open a Hoboken dispensary, announcing the move in a Wednesday press release.
“As always, Terrapin is focused on planting local roots,” Terrapin CEO Chris Woods said. “We are excited to serve these communities as responsible corporate actors in meeting the needs of cannabis patients, while also leaving a positive community footprint.”
Terrapin is leasing a storefront at 86 River St. Last month, Harmony Dispensary, a company headquartered in Secaucus, received city approval to open Hoboken’s first dispensary at 95 Hudson St. The dispensary plans to open before the end of 2020.
Ascend Wellness, a cannabis company with operations across the Midwest and Northeast, is also planning to open a dispensary at Hoboken’s 94 River St.
All the locations are just blocks away from the Hoboken Terminal.