Making (more) Room for Cannabis Companies (that exploit us)
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.