or to vote comment and more!
So what do these regulations provide?
The proposed regulations, while not identifying the form of application, do prescribe the process. Specifically, within 14 days of receiving a complete application for a consumption area endorsement, the CRC will forward a copy of same to the municipality. Within another 14 days from there (and 28 days after the submission of a complete application), the municipality is obligated to notify the CRC whether the consumption area complies with its local restrictions. Thereafter, the CRC is permitted to make a determination on the application.
Columbia Care, one of NJ’s first and largest cannabis dispensaries with locations in Vineland and Deptford, just got a lot bigger after a merger with Cresco Labs, an Illinois-based multi-state cannabis behemoth.
NJ regulators approved the merger by a 4:1 vote last week.
It’s a curious development for Columbia Care, a company that sells America’s most expensive medical cannabis here in New Jersey. Columbia Care also has a track record in other states that clashes with the oft-repeated equity goals of NJ’s cannabis regulators.
New Jersey cannabis regulators believe there's room to grow when it comes to getting people from economically-disadvantaged areas — especially those previously convicted of marijuana crimes — into the state's brand new legal weed industry.
According to statistics released by the New Jersey Cannabis Regulatory Commission last week, over 72% of all cannabis licenses have gone to diversely-owned businesses, including more than two-thirds of all "annual" licenses."
Cannabis lounges (formally referred to as “cannabis consumption areas”) are coming to towns in New Jersey soon. In early December, the New Jersey Cannabis Regulatory Commission, (the “Commission”) proposed rules regarding the regulation of New Jersey cannabis lounges.
The Commission’s proposed rules would allow cannabis retail dispensaries to operate indoor or enclosed outdoor consumption lounges for patrons twenty-one years of age and older.
The Hoboken City Council voted 5-4 last Wednesday to support the application of Story cannabis dispensary, at Fourteenth and Hudson streets, to New Jersey's Cannabis Regulatory Commission.
The vote cleared another hurdle for the dispensary, which had received Hoboken Planning Board approval last month.
But some Hoboken residents, particularly neighbors of the proposed site and a councilwoman who represents them, still oppose the proposal.
Now, startups can procure some capital after New Jersey announced a $10 million program called the Cannabis Equity Grant.
The New Jersey Economic Development Authority says awardees can use the money for early-stage expenses and technical training.
Out of the $10 million allotted to the program, $6 million will go to social equity applicants — people with prior cannabis convictions and those who live in economically disadvantaged areas as defined by the state.
New Jersey adult-use marijuana sales exceeded $100 million for the first time in the third quarter of the 2022 fiscal year, with combined medical and recreational cannabis purchases totaling $177,710,764, the state reported on Friday.
The New Jersey Cannabis Regulatory Commission (NJ-CRC) said that, between July and September, adult-use sales reached $116,572,533—a 46 percent increase from the prior quarterly total of $79,698,831.
The public will have 60 days to comment before the commission votes to adopt the proposals,
“It’s a great idea,” said Lemar Boone Jr., part-owner of adult-use cannabis retail company, Cuzzies.
“I think that we should have places where we can safely consume that are out of the way … that may not cause a nuisance to other people,” Boone Jr. said.
Pot lounges could soon be coming to New Jersey. Cannabis regulators have given approval to the idea, but it will be a while before anything like this can open for business.
Such public cannabis consumption areas are part of the Cannabis Regulatory Commission’s commitment to equity, justice and public health, says Chairwoman Dianna Houenou: “Equitable access to cannabis means everyone who wishes to consume has some place they can do that — legally, safely, and responsibly.”
New Jersey’s cannabis industry continues to take shape with several new developments. And the latest thing could be cannabis consumption lounges. The Cannabis Regulatory Commission approved proposed rules at its meeting last Friday that would allow any cannabis retailer to have indoor or outdoor enclosed consumption lounges. Under the rules, the lounges would be open to those 21 or older, and no alcohol or tobacco would be permitted. Just like the state’s breweries and wineries, no food would be sold on-site but customers could bring in food.