New York cannabis in 2021 in review: Marijuana industry finally gets rolling
Marijuana Industry NewsNew JerseyNew York December 31, 2021 0
March 31 marked an end to recreational cannabis prohibition in the Empire State, and the beginning of the painstaking task of establishing what will likely become one of the nation’s largest regulated marijuana markets. That was the day then-Gov. Andrew Cuomo signed into law New York’s Marihuana Regulation and... Read more
Cannabis Businesses and New Jersey Real Estate: The Landlord’s Perspective – Part Three: Terminations and Insurance
Marijuana Industry NewsNew JerseyReal Estate December 23, 2021 0
by Carmen Andrade In the last section of the series aimed to help landlords navigate the evolving cannabis landscape, this article focuses on terminations and insurance issues. Lease Terminations When negotiating a termination provision in a lease, both landlords and tenants will want to include specific parameters regarding the “what, when and how” of the termination... Read more
Cannabis Businesses and New Jersey Real Estate: The Landlord’s Perspective – Part Two: Rental Rates and Legal Compliance
Marijuana Industry NewsNew Jersey December 16, 2021 0
Continuing in the series of articles aimed to help landlords navigate the evolving landscape of commercial real estate in the cannabis industry, this article focuses on how to determine rental rates and navigate legal compliance issues. New Jersey Rental Rates for Cannabis Businesses For cannabis-related real estate, rental rates and security deposit requirements will be highly dependent on what the market... Read more
N.J. just began accepting applications to grow recreational marijuana. Hundreds started the process.
Marijuana Industry NewsNew JerseyRecreational Marijuana December 16, 2021 0
The Murphy Administration began accepting applications from cannabis growers, product manufacturers and testing labs on Wednesday — the first step that will usher in the legitimate marijuana industry New Jersey voters endorsed in a referendum 13 months ago. Within four hours of the application portal going live 9 a.m. Wednesday, 500 people had... Read more
Cannabis Businesses and New Jersey Real Estate: The Landlord’s Perspective – Part One: Retrofitting and Leases
Marijuana Industry NewsNew JerseyReal Estate December 10, 2021 0
by Carmen Andrade Commercial real estate owners and landlords are faced with the challenge of keeping up with best practices, laws, and regulations regarding leasing space to cannabis-related businesses. This article, the first in a series, aims to help landlords navigate the evolving landscape, focusing first on retrofitting spaces and how to formulate leases. Cannabis Today – The Boom Currently, 36... Read more
30 more medical marijuana dispensaries on the way in N.J.
Marijuana Industry NewsMedical MarijuanaNew Jersey December 8, 2021 0
New Jersey regulators Tuesday approved 30 new licenses to companies who will sell medicinal marijuana, more than doubling the number of retail locations for a growing pool of patients who for years complained about long commutes to obtain legal cannabis. The Cannabis Regulatory Commission voted to award provisional licenses... Read more
Member Blog: Let the Good Times Roll – New Jersey’s Cannabis Markets Primed to Meet High Demand with Two Big Announcements from the Cannabis Regulatory Commission
Marijuana Laws, Regulations, & PoliticsNew Jersey November 12, 2021 0
by Genova Burns LLC New Jersey’s medicinal and adult-use cannabis markets are finally starting to take shape more than ten years after the medicinal marijuana program was launched. In the span of one month, the New Jersey Cannabis Regulatory Commission (“CRC”) not only announced awards for fourteen new medicinal... Read more
