Despite its numerous growing pains over the past year and change, marijuana remains one of the fastest expanding industries on the planet. After logging $10.9 billion in legal worldwide sales in 2018, Wall Street has global pot sales hitting anywhere from $50 billion to $200 billion by 2030. Although... Read more
New Jersey’s medical cannabis program remains in its infancy due to a very slow start, but the state, with a population of 8.9 million, has recently added additional licenses and has improved its program dramatically under the leadership of Governor Phil Murphy. In this review, we take a look at... Read more
Two new medical marijuana dispensaries have received permission to open their doors to patients, officials announced Wednesday. The state Department of Health said it has issued final permits to Zen Leaf Elizabeth and Columbia Care in Vineland to begin dispensing marijuana. That brings the state total to 11 dispensaries. Zen Leaf, operated by Verano NJ,... Read more
The results of a New Jersey poll released on Thursday show strong support for a November ballot measure that would legalize the recreational use of cannabis in the state. The Monmouth University Poll found that more than six out of 10 Garden State residents were in favor of the... Read more
In a decision issued in March, the New Jersey Supreme Court ruled that employers must reasonably accommodate individuals who are legal users of medical cannabis. The case, Wild v. Carriage House Funeral Home, arose out of a car accident. Wild was employed by Carriage House as a licensed funeral... Read more
Exclusive Interview with TerrAscend Executive Chairman and Interim CEO Jason Ackerman Cannabis operator TerrAscend (CSE: TER) (OTCQX: TRSSF) has a multi-state presence in the United States, a Canadian footprint and distribution capabilities in the European Union. The company is focused on carving out a competitive position in its chosen... Read more
New Jersey workers can’t be fired for failing a drug test as a result of using medical marijuana, the state’s highest court ruled on Tuesday. In a decision that backed an appellate court’s earlier ruling, the New Jersey Supreme Court said that patients approved under the state’s medical marijuana... Read more
Lawmakers in New Jersey took steps this week toward enshrining protections for marijuana companies in the state and individuals on workers compensation prescribed to medical cannabis. Two bills were passed out of the state Assembly committee on financial institutions on Thursday. One measure would establish protections for insurance companies... Read more
State lawmakers took steps on two bills Thursday that could bring protections for companies that insure cannabis-related companies in the Garden State and also allow those on workers’ compensation to have their medical weed covered. The state Assembly committee on financial institutions advanced the two bills, but the state... Read more