But there’s also bad news: when it comes to ensuring equity in the growing cannabis market in New Jersey, the gap is wide between promises made and promises delivered. A key policy goal touted by the state has been its commitment to creating a cannabis industry that benefits communities that have historically faced the disproportionate brunt of the war on drugs — mainly low income Black and Latino communities.
Limited Cannabis Licensing
Let’s look at the other states that chose the limited, “privileged” license model.
Illinois, Florida, New York, Ohio, New Jersey, Nevada and several other states have followed this path.
The initial application process defines the market and the players.
The result has been “Big Weed” and the birth of the multistate operator, or MSO.
Since getting and maintaining a license is a separate skill from successfully running a cannabis company, many of the operators in these markets have figured out only part of the marijuana business.