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The number of legal cannabis growers in the state will more than double after regulators on Friday issued new licenses designed to ease crippling supply issues for medical marijuana patients and push the state closer to legal weed sales for all adults.
The New Jersey Cannabis Regulatory Commission on Friday voted 4 to 1 to issue 10 new licenses for medical marijuana cultivators and four new licenses for vertically integrated businesses, which grow, manufacture and sell medical marijuana at dispensaries.
The cultivation licenses were awarded to:
According to NJ.com, the state’s Cannabis Regulatory Commission on Friday announced the permit winners, a mixture of 10 cultivation and four manufacturing licenses.
All 14 licenses went to companies owned by minorities or women:
The Cannabis Regulatory Commission on Friday announced the winners of a competitive and burdensome licensing process that began two years ago. Nearly 200 entrepreneurs applied for licenses to grow and sell medical marijuana, but a lawsuit brought the process to a standstill for more than a year.