As New Jersey voters were giving an enthusiastic two-thirds majority go-ahead to an adult-use cannabis market in the Garden State, national cannabis business Curaleaf was stacking a storage vault near to a ceiling-touch with tote bins of would-be recreational marijuana products.
That was nearly 15 months ago now. Those 14-foot towers still stand in neat rows, mostly untouched.
According to the company’s regional president, Patrik Jonsson, it has had to add another four entire 20-by-40-foot storage vaults filled with more of what’s continually harvested from a marijuana growing process started long ago. By the end of the month, it might need yet another storeroom.
It’s a very plain-to-see example for Jonsson of how the investments into the state’s cannabis market are wasting away during delays in the rollout: There the possibility the products in these cramped storage vaults are just doomed. They’re agricultural products. And, like all products of that sort, there’s expiration dates to worry about.