Still stuck: Disconnect between state, federal laws leaves cannabis industry in banking limbo even as N.J. market draws near
There were many years of advocates advocating, lobbyists lobbying and cannabis businesses doing everything but selling cannabis in New Jersey; a fix for one of the prime issues for cannabis on the federal level has been teased just as long.
But there was a victory at the end of all that waiting for cannabis industry proponents. An adult-use marijuana reform package was signed into law by Gov. Phil Murphy in February, meaning New Jersey has a green light for a regulated cannabis market.