NJEDA to open next phase of cannabis startup grant applications
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.