New Jersey will launch its projected $2 billion adult-use marijuana market on April 21 amid lingering questions about whether operators can adequately serve the state’s 120,000 medical cannabis patients without disrupting recreational supplies.
The long-awaited start of recreational marijuana sales also comes as social equity applicants in the state are struggling to develop their businesses, including raising capital.
The initial seven adult-use companies are all multistate operators.
Industry experts said they might get as much as an 18-month head start on some new cannabis businesses.
