The state’s Cannabis Regulatory Commission Thursday revoked licenses to grow or manufacture adult-use cannabis by the Harmony company, saying the company owes $700,00 in license fees.
To Brodchandel, the chief executive officer and founder of Secaucus-based dispensary Harmony Foundation, it’s just one example of how much the tide has turned in the Garden State, particularly when it comes to public sentiment about the use of cannabis, whether for medical or recreational purposes. As the one-year anniversary of adult recreational use in New Jersey approaches, he and others in the industry can reflect on how public opinion has evolved and the issues state regulators should focus on going forward. “It’s not just about running a business.
At 10 a.m. Wednesday, March 1, Secaucus marijuana shop Harmony started recreational pot sales for the very first time.
This means that Harmony — which up until today was only allowed to sell pot to medicinal customers — can now sell marijuana to any member of the general public. You do not need a medical ID card; simply walk right in.
On Dec. 2, the New Jersey Cannabis Regulatory Commission (CRC), the five-member state board that regulates the industry and oversees licensing, signed off on Harmony’s application to expand operations under its vertically integrated medicinal permits to include recreational sales.
As part of the approval, Harmony received a Class 1 Cultivation license for its facilities at 600 Meadowlands Parkway in Secaucus and 144 Route 94 in Lafayette, as well as a Class 2 Manufacturing license at the Lafayette site and a Class 5 Retailer license at the Secaucus location.
The New Jersey Cannabis Regulatory Commission voted 4-1 on Friday to approve Harmony’s expansion into recreational sales in Secaucus. The store opened as a medical marijuana facility in June 2018.
CRC Executive Director Jeff Brown said prior to their vote that Harmony was recommended for approval after they committed to adding a point-of-sale system for medical patients only, to undergo expansions and to commit to patient access standards.
A recently published industry report warns that New Jersey’s limited number of legal, licensed and regulated cannabis dispensaries may harm the state’s ability to curtail the illicit cannabis marketplace.
Of the 14 states across the U.S. with legalized adult-use markets, New Jersey – with a population of 9.2 million – had the fewest stores per capita, coming in at 0.3 dispensaries per 100,000 people, according to a study done in partnership between cannabis use and education website Leafly.com and research firm Whitney Economics.
A four-year old dispensary in Secaucus is poised to become the first non-profit medical marijuana dispensary to offer adult weed in the Garden State.
Harmony Foundation is expected to go before the New Jersey Cannabis Regulatory Commission Thursday for final state approvals to expand into the adult recreational weed market at its Secaucus alternative treatment center at 600 Meadowlands Parkway, a top Harmony executive confirmed to NJ Advance Media.
Cannabis trade magazine Marijuana Business Daily estimates that the value of New Jersey’s cannabis industry will quickly grow to more than $2 billion now that cannabis is legal for all adults over 21. For those numbers to be realized, New Jersey cannabis businesses will have to do some hiring. They’ll need people to grow the cannabis, process the cannabis, package the cannabis, and sell the cannabis, not to mention to deliver the cannabis.
Applications are being accepted for a new non-profit workforce development program that aims to provide a pathway for minorities that want to begin working in New Jersey’s legalized marijuana marketplace.
Founded by two New Jersey entrepreneurs, Brendon Robinson and Stanley Okoro, the Minority Cannabis Academy (MCA) is an eight-week program focused on equipping disenfranchised communities with the career skills related to the business and science of cannabis.
Bennabis Health (“the Company”), a company filling holes in the health insurance industry for medical cannabis patients, is delighted to take strides toward making medicinal cannabis more affordable and accessible for New Jersey patients via a first-of-its-kind partnership with Harmony Dispensary