"We are pleased to receive our cultivation permit in New Jersey after a rigorous inspection of our facility and operating procedures by the NJ DOH," said Jason Ackerman , Executive Chairman of TerrAscend. "Achieving this important regulatory milestone indicates that the TerrAscend model of compliance, quality and safety resonates with state regulatory agencies. Bringing safe and effective products to patients is our priority, and we look forward to introducing the TerrAscend house of brands to the state's medical-use patients."
But now, Black Wednesday is starting to get competition from Green Wednesday.
The day before Thanksgiving is also one of the biggest days for cannabis retailers. It's their shopping holiday ahead of Black Friday.
"They're stocking up. They want to be ready to bring something to their Thanksgiving tables or possibly discreetly relaxing before they get to their Thanksgiving tables," says Eliot Dobris of The Apothecarium Dispensary.
Business was brisk here the Apothecarium Cannabis store on Market Street.
U.S. Update
TerrAscend is highly focused on continually driving operational and organizational improvement across its U.S. operations and has moved to consolidate its corporate offices in New York. Furthermore, Greg Rochlin, the CEO of Ilera Healthcare, will focus on running the Company’s cannabis operations in the eastern part of the United States, and Ryan Hudson, the CEO of The Apothecarium, will be charged with managing the west coast. Both Greg and Ryan will report into Jason Ackerman.
The Phillipsburg Planning Board approved plans for a proposed marijuana dispensary Thursday. The dispensary may open on South Main Street by year's end.
The Apothecarium, owned by TerrAscend Corp. of Toronto, will occupy the vacant Phillipsburg Trust Company building at 55 S. Main St. Only New Jersey residents with prescriptions from state-approved physicians will be able to buy marijuana products there. The marijuana will be grown in Boonton, Morris County.
Granite countertops? Pendant lights? Chandeliers? If Phillipsburg’s medical marijuana dispensary is like others in the chain, it’s going to be a classy storefront when it opens by year’s end.
The Apothecarium has locations in San Francisco and Las Vegas. In 2017, Architectural Digest ranked one storefront among the seven best-designed marijuana shops in the country.
So how will Phillipsburg – a blue-collar town of 14,500 people on New Jersey’s western border – end up with the first East Coast location of this swanky pot shop?