“I think that the information that we heard was very positive,” said Shaya Brodchandel, president of the New Jersey Cannabis Trade Association. “Providing access and the equity part of it was all on point for us.”
Brodchandel is also CEO of Harmony Foundation of New Jersey, a medical marijuana dispensary in Seacaucus. With the new rules in place, he will be able to expand into the adult recreational marketplace. However, he will still need to maintain inventory for the patients his company serves with its medical license.
“If your medical license allows you to cultivate … for a thousand patients, you can’t grow for three thousand patients; [you can’t grow] one thousand [for] the medical market and two [thousand] … for an industry that’s about to come,” he explains.