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After awarding $12 million to help dozens of cannabusiness owners statewide get established in the legalized marketplace, the New Jersey Economic Development Authority will soon begin accepting applications for the second phase of its Cannabis Equity Grant Program.
Under the next round, nearly $8 million will be made available to assist 48 startups with operational costs, as well as provide free technical assistance to help entrepreneurs build a successful company.
As the legalization of recreational cannabis attracts more people and cannabis-related businesses to Atlantic City, the resort town is well positioned to become a cannabis tourism destination.
Times have changed. Stockton University will host a free online webinar at 1 p.m. on Friday, March 10 titled “Destination Cannabis: Evolving Cannabis Hospitality & Tourism for a Mainstream Audience.” The discussion will revolve around legal recreational cannabis use, its impact on resort destinations and opportunities for New Jersey hospitality and tourism businesses and beyond.
As was discussed in detail during Foley Hoag’s recent New Jersey webinar, the adult-use regulations released by the New Jersey Cannabis Regulatory Commission (“CRC”) contains several unanswered questions. For instance, when will the CRC begin accepting applications (they have already missed the statutory deadline)? How will applicants navigate the complexity of the local municipal approval process amidst towns seesawing between opt-ins and opt-outs?
The commission responsible for establishing and enforcing rules and regulations for the New Jersey cannabis industry will hold an informational webinar this week.
The New Jersey Cannabis Regulatory Commission (NJCRC) has announced the CRC Recreational Cannabis Statewide Informational Webinar on Tuesday, September 28, 2021.
According to NJCRC, the webinar will focus on the new adult-use cannabis regulations and how they apply to municipalities, community members, and potential industry entrants.