Things are puffing along at full speed for a highly anticipated cannabis dispensary and lounge in New Jersey’s largest city.
Earlier this week, the partners behind Hashstoria’s newest location at 799-805 Broad Street in Newark announced that they have received a class five cannabis retail license from the New Jersey Cannabis Regulatory Commission.
After securing approval from the New Jersey Cannabis Regulatory Commission, Wu-Tang Clan rapper Raekwon the Chef is officially moving forward with plans to bring his cannabis franchise to downtown Newark.
Following the regulatory board’s Oct. 19 vote to award a Class 5 retail license, Oregon-based brand Hashstoria will make its New Jersey debut early next year in the city’s Four Corners Historic district, initially opening as a dispensary and then evolving into a consumption lounge later in 2024.
The Red Bank Planning Board of Adjustment approved last night a cannabis retail outlet that was formerly a dry-cleaning store at 45 Bridge Ave. for Monteverde NJ, Inc.
Richard Wells, the attorney for Monteverde, provided an historical overview to the Board beginning by saying, “This is an application to convert an existing medical marijuana dispensary to adult use. The State awarded Monteverde a medical marijuana dispensary license in December 2021.
Andy Zeitlin and Caryn Cohen, a Middletown husband and wife team and owners of Canopy Crossroads, LLC, will continue their application to open a cannabis retail outlet at 9 West Street, in an empty building adjoining Red Bank Liquors.
At a May 1 Planning Board meeting, several comments from the public focused on the location of the retail cannabis store, near the Red Bank Charter School that is within 1,000 feet of the proposed store.
While none are yet open, Newton is just months away from having three retail cannabis retail stores, a delivery service and a manufacturing plant.
On Monday, the Town Council approved Curiosity Cannabis to open a retail operation at 70-72 Mill St., which would be next door to another retail store 78 Mill St., and across the street from where a manufacturing business also has plans before town and state approving agencies.
Among revenue sources, the borough expects to collect $400,000 in new funds from cannabis permit fees. While there are no public retail stores in the borough, the budget's revenues shows a new line item of $400,000 in cannabis fees.
Ascend has operated a medical marijuana growing facility near the intersection of Munsonhurst Road and Route 23 for several years and has received permission to expand into the adjacent former armory building to grow marijuana for sales into the public retail market.
Livingston Township Manager Barry Lewis, Jr. recently provided an update on the Livingston Cannabis Committee’s findings after the planning board’s subcommittee was charged with analyzing the state’s regulations and preparing recommendations for the township council to consider as the governing body resumes its conversation about permitting local cannabis licenses for the various classes.
Cassara Grasso, the owner of the local business Flow State Massage and Bodywork, is asking the township council to consider passing an amendment to Ordinance No. 21-14 to allow Class 5 retailers within the township.
The current ordinance was previously amended in 2021 to allow a limited number of class three cannabis wholesaler licenses and class four cannabis distributor licenses.
Under the amendment, wholesalers can obtain and sell cannabis items for later resale to licensees, while distributors transport items in bulk throughout New Jersey.
The Red Bank Planning Board will hold their regular meeting on Monday, March 6, 7:00pm, at Borough Hall, 90 Monmouth Street.
The only application before the Planning Board is the Red Bank Fire Company seeking a conditional use and minor site plan for approval of a cannabis retail store at 20 North Bridge Avenue.
Mayor Reed Gusciora joined John Dockery and Tahir Johnson outside of Simply Pure Downtown, Tuesday morning to celebrate the business being awarded a Class 5 Cannabis Dispensary license. According to NJ.gov, this license allows Dockery to purchase recreational cannabis from licensed cultivators, manufacturers, or wholesalers and sell those items to consumers in a retail store.