Governor Murphy signed bill S2945 on June 30, 2022, enacted as P.L.2022, c.48., which permits the New Jersey Economic Development Authority (NJEDA) to extend financial incentives to certain cannabis businesses as detailed below.
A woman who used marijuana to help with her fight with cancer is hoping to become among the first in New Jersey to sell cannabis on the retail market.
Though Impact Zones and Economically Disadvantaged Areas were codified through legislation, and are based on various factors including unemployment rates, the number of previous marijuana arrests, median income, and uninsured rates, their official recognition by the CRC is particularly meaningful, Shaya Brodchandel, CEO of Harmony Dispensary said.
The commission, in its fourth month of operation, largely started from scratch when it was finally convened earlier this year.
"It will take a little while," Houenou said. "A lot of it depends on when these businesses can get up and running."
The CRC is required to provide at least 30 days notice before retail sales can begin.
The legalization of recreational marijuana use in New Jersey is also expected to make good on a decades-long promise to address issues of racial and social justice. That’s where the focus should remain, according to the ACLU of New Jersey.