New Jersey began accepting applications on Tuesday from individuals hoping to get in on the ground floor of the state’s coming recreational cannabis industry. By day’s end, state regulators had attracted plenty of interest. NJ.com reported that the New Jersey Cannabis Regulatory Commission said that by 4 p.m. on... Read more
New Jersey’s recreational cannabis market is expected to launch soon and become one of the largest legal marijuana markets on the East Coast. Like any new cannabis program in a populous state, there’s likely to be a shortage of cannabis flower once sales begin. The state’s medical cannabis producers... Read more
Round Two of applicants wanting to enter the cannabis industry in New Jersey is officially on. The state Cannabis Regulatory Commission on Tuesday began accepting applications from those interested in opening a retail outlet to sell recreational cannabis to adults. By 4 p.m., the commission said it had received... Read more
Gov. Phil Murphy now expects legal weed sales to generate $4 million in state taxes for the rest of the current fiscal year, which ends June 30. The anticipated revenue — laid out in the budget brief released by the Treasurer’s Office — is a big revision from the... Read more
Democratic Governor Phil Murphy of New Jersey announced the imminent launch of the state’s regulated recreational cannabis market, saying retail sales could begin “within weeks.” The announcement came after regulators missed last Tuesday’s self-imposed deadline for adult-use cannabis sales to start. “If I had to predict, we are within... Read more
The Northeast is poised to transform the U.S. cannabis industry — and make New York City the nation’s weed capital. New York, New Jersey and Connecticut — with a combined population of 33 million — are scrambling to open recreational markets in the coming months. Millions of other East Coast... Read more
New Jersey’s recreational marijuana industry keeps slogging toward its debut, with applications to expand five medical dispensaries now deemed complete – though still being reviewed. Another three are still incomplete. Applications filed in December for new cultivation and manufacturing businesses won’t be decided on by a mid-March target date,... Read more
After missing a self-imposed Tuesday deadline to open the state for legal marijuana sales, Gov. Phil Murphy said Wednesday night New Jersey is “within weeks” of having existing medical weed dispensaries sell recreational cannabis to adults 21 and older. “If I had to predict, we are within weeks — I would... Read more
One year ago today, Gov. Phil Murphy briefly switched gears during his regular COVID-19 briefing. It had been a few hours since the Legislature had finally — after months of political theater — passed the final bill that, as part of a package, would legalize marijuana. “New Jersey’s broken, indefensible marijuana... Read more
Medical marijuana companies in New Jersey have been clamoring for months for permission from regulators to sell recreational weed to adults. A year ago, Gov. Phil Murphy signed a law that allowed such a regulated cannabis industry to operate in the state. The companies say they are ready and... Read more