At least for a while, the New Jersey Cannabis Trade Association avoided criticizing the sate Cannabis Regulatory Commission as New Jersey’s legal weed industry took its first steps.
That restraint appears to be over. The trade group, whose members often describe it as the chamber of commerce of cannabis, issued a report this month blaming the state commission for the slow growth of the industry and comparing New Jersey unfavorably to other states with legal cannabis for adults.
However, those issues have been resolved, Morris told TAPinto in an email.
“The Township had a professional discussion with the business owner and their team to resolve outstanding issues,” he said. “The Township is satisfied with the results of those discussions (and) Daylite has received approval from the Township."
Daylite cannabis received approval for its annual retail license on June 1 from the New Jersey Cannabis Regulatory Commission and its owner, Steve Cassidy, told 70and73.com in an interview that he expected to open by the end of June.
But the business' plans came to a screeching halt in June when Mount Laurel Township and its Police Department told Cassidy they did not approve of his security plan and that an armed security guard would be required.
At the time, there was no mention of the need for security guards in the Township cannabis ordinance.
New Jersey’s Cannabis Regulatory Commission pushed back a bit on the idea that the industry is not opening up fast enough in New Jersey.
The comments came in response after Curaleaf, the largest distributor in the state, said last week it had to lay off workers at its Winslow production facility because they had enough product to handle what needed to be sold in the state’s 35 retail outlets.
The motion to change the June decision passed 3-1, with Commissioner Charles Barker voting no. Barker, often the lone ‘no’ vote, defended the initial one-year timeline as a move that would have helped people most harmed by marijuana prohibition. He emphasized that New Jersey’s marijuana legalization law is “about righting the wrongs of the failed drug war, period, hard stop.”
Chairwoman Dianne Houenou argued Black and brown business owners would have been shut out if the commission retained the one-year priority period.
A sea change in the funding of New Jersey cannabis businesses has been approved by New Jersey’s Legislature and is pending on Governor Murphy’s desk awaiting his signature. Duane Morris attorneys assisted in the conception and drafting of this legislation.
Officials from the Cannabis Regulatory Committee faced more than two hours of grilling from lawmakers Friday during their first hearing in front of the Senate Judiciary Committee in more than a year.
Legislators weren’t shy with their criticism. They accused the agency of pulling strings to reinstate the license of a major cannabis operator, being slow to approve applications, and holding the cannabis industry back with red tape.
A 9am Judiciary Committee Hearing on the state of cannabis in NJ drew hoards of spectators on a chilly rainy summer day. But things heated up quickly once the cannabis debate began. Here are some nuggets from today’s hearing
Sales from New Jersey’s legal cannabis industry, both recreational and medicinal, brought in roughly $180 million this year so far. The update from the state’s Cannabis Regulatory Commission comes ahead of a legislative hearing on Friday on the status of the 18-month-old market.
As the Casino Reinvestment Development Authority approved more cannabis businesses for Atlantic City, and with more likely on the way, members at the Tuesday meeting of the Board of Directors asked when enough will be enough.
The board gave unanimous approval to five planned cannabis businesses in the city, in its role as the planning authority within the city’s Tourism District. That area overlaps with the city’s Green Zone redevelopment area, where cannabis businesses are an approved use.