The business, Holistic NJ, will also have the opportunity to sell recreational weed to those 21 years and older once the state Cannabis Regulatory Commission establishes the rules for that.
But in the meantime, Holistic NJ will set up shop in a Jiffy Road warehouse, where it will grow and process medical marijuana, said Vincent Dominach, the township’s Economic Development Director.
The company is looking for a site to set up a retail shop to sell the medical cannabis, he said.
Holistic NJ is a majority woman- and New Jersey resident-owned business that has partnered with Holistic Industries, a Washington, D.C.-based corporation that has so-called “seed to sale” cannabis operations in Maryland, California, Pennsylvania, Massachusetts and Michigan.
Holistic NJ won its integrated license in October, along with three other applicants. In total, the CRC awarded 14 new licenses in that round, from an application pool of about 200.
An integrated license holder is permitted to grow, manufacture and dispense medicinal cannabis. The other 10 licenses were only for growing medicinal cannabis.