VIDEO: Cancer Survivor Hopes to Be Among the First to Sell Retail Marijuana in NJ
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.
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.
If you’re interested in joining New Jersey’s green rush as a business owner or operator, the CRC’s website has a detailed guide explaining their standards for licensees, including a 32-page Final Notice of Application. There is no deadline or limit on licenses, so prospective cultivators, manufacturers, and retailers shouldn’t count themselves out of contention before reviewing the requirements.
To help you dig into the weeds of NJ’s licensing process, we highlighted key points for potential applicants or investors to consider.
New Jersey’s recreational cannabis market is gearing up to launch within weeks and is poised to become one of the largest on the East Coast with annual sales projected to top $2 billion within a few years.
The state is positioned to beat rival New York to the punch and to match, if not exceed, Massachusetts in annual adult-use sales.
But, like most new markets, industry officials are concerned about whether supply will be adequate to meet demand – at least in the early stages.
Hoboken is taking steps to limit the number of cannabis dispensaries that can open in the city, as well as where those business can set up shop.
The city council voted 7-2 during its meeting last week to introduce an ordinance that would tighten the current zoning laws for medical and recreational marijuana businesses, with Councilman Joe Quintero and Council President Mike Russo opposed.
The proposed changes would:
The township council further solidified its stance on legal cannabis on Tuesday, passing an ordinance to endorse the New Jersey adult-use cannabis program for Franklin residents.
The law permits "the safe and appropriate siting of facilities for cannabis retail and delivery businesses within the Township’s Neighborhood Business (NB), General Business (GB), Hamilton Business District (HBD), and Retail District Overlay (RDO) zones."
Metrc, a provider of cannabis regulatory track-and-trace systems in the United States, has entered into a contract with the state of New Jersey. The finalization of the contract comes on the heels of approval by the state's Cannabis Regulatory Commission earlier this year. The Garden State is Metrc's latest adult-use contract and the company's 18th government contract for a track-and-trace system.
Businesses looking to get into the cannabis industry in New Jersey are one step closer. The state will begin accepting applications for dispensary licenses on March 15. The Cannabis Regulatory Commission says it will review applications as soon as they come in, with the goal of approving conditional licenses in about 90 days.
On February 24, 2022, The Cannabis Review Board approved the city’s first recreational cannabis retail shop that will be located on 51-53 14th Street. Story Dispensary of Hoboken, LLC will replace what was previously Hudson Tavern and will have a 6,000 square foot blueprint on the first floor and basement. According to the application brought before the board, the shop will be open 9 a.m. to 10 p.m. daily and staffed by 10-20 employees.
The Princeton Board of Health (BOH) on Tuesday decided to hold off on recommending to Council to defer action on approving cannabis retail in town.
Ahead of the meeting, the BOH had come up with a recommendation that Council should defer any action on the Cannabis dispensary ordination pending additional planning and further study on health impacts.
However, after a two-hour-long meeting, the BOH decided to hold off on making any recommendation, choosing to send it back to the ad hoc committee.
Black communities are far too familiar with being excluded from the table. This time around we are securing our own priority seating. The statistics are clear. Between 2010-2019, New Jersey spent 11.6 billion dollars enforcing the drug war. New Jersey arrests more people for marijuana than almost any other state. Black people are three to four times more likely to be arrested than whites for marijuana possession despite similar rates of use. The numbers don’t lie, but they only tell half of the story.
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