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For the second time in the past four months, cannabis business behemoth Curaleaf is reducing its cultivation footprint in one of the newest adult-use markets in the country.
The New York-based multistate operator, which has more than 5,000 employees nationwide, announced this week that it’s laying off 49 workers at its Winslow cultivation and production facility in southern New Jersey. This facility became fully operational in 2021 in anticipation of the state’s adult-use sales launch, which happened in April 2022.
“Curaleaf is phasing out cultivation at our Bellmawr, New Jersey location to meet current business needs, and will utilize that location for other operations at this time,” the statement noted.
“This allows us to consolidate our production of key platforms with our Winslow facility and will streamline processes to increase output.
“Winslow has the capacity to support New Jersey’s overall market demand.”
The mother of all mother rooms
“From seed to sale, we’re probably somewhere in the four to five month range, depending on how long we leave stuff in a curing state,” Maura Reilly told me as we toured the facility. Maura (aka Mo) is the NJ Director of Cultivation for Curaleaf.
As Mo took me through the main hallway, the combined funk of 11 flower rooms punched me in the nose. At any given time, these rooms can be home to 56,000 budding plants.
An ordinance allowing the cultivation, manufacturing, wholesaling and distribution of recreational marijuana was approved by Winslow Township in August. Retail cannabis stores are not permitted. Another new local law calls for a transfer tax, allowed under state law, of 2% for cultivation and manufacturing operations.
RGC 2 LLC of Egg Harbor Township, owned by James DiNatale, received unanimous approval for the plan from the Camden County Planning Board at its September meeting. The Winslow Zoning Board of Adjustment approved it unanimously in August.
A new marijuana dispensary has opened in Burlington County, as local governing bodies continue to discuss how recreational marijuana will be regulated within their jurisdictions.
Curaleaf has opened a dispensary in Edgewater Park, the company announced last week. With the new site, Curaleaf said it has tripled the company's cultivation capabilities to serve both the existing New Jersey medical market and the forthcoming adult-use market.
Curaleaf Edgewater Park is a 7,640 square foot dispensary conveniently located off the Burlington Pike at 4237 Route 130 South and is open to all patients with a valid medical card. Curaleaf has been serving New Jersey’s medical community since the opening of its Bellmawr dispensary in 2015, and the Company anticipates opening a third dispensary in Central New Jersey later this summer. Patients will have expanded access to Curaleaf’s diverse line of award-winning product offerings including branded flower, vapes and ingestible products.
Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer products in cannabis, today announced the opening of Curaleaf Edgewater Park, the Company's second dispensary in New Jersey and 107th dispensary nationwide.
Submitted by njlegalizeme on Sun, 09/09/2018 - 21:28
In New York and New Jersey, the race is on to grow legal weed.
In Orange County, N.Y., there are plans to build a large cannabis cultivation and processing plant on the grounds of a defunct state prison.
About 25 miles south, over the border in New Jersey, an industrial complex once owned by the pharmaceutical giant Merck will be converted into an even bigger marijuana-growing hub.
In Winslow, N.J., about 30 miles outside Philadelphia, a new indoor cultivation complex just celebrated its first harvest.