Why is it so hard for 'social equity' entrepreneurs to get an NJ legal weed license?
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."