New Jersey's Cannabis Market Lags Peers, Says Cantor Fitzgerald
New Jersey is known for lagging behind other states with medical cannabis, mainly due to its shortage of dispensaries, Zuanic said.
To overcome the issue, the state would need to significantly increase the number of stores and legalize recreational use, the analyst said.
"So, a key complaint from the conference participants was about lack of supply, long lines, high prices, and distant stores (seven for the entire state at present)."