Raekwon, aka Raekwon the Chef of Wu-Tang Clan, will open a Hashstoria dispensary and cannabis lounge on Broad Street in Newark, New Jersey. The new location will be housed in a historic building in the core of Newark’s Four Corners District located downtown. Co-founded by Raekwon, Hashstoria is a... Read more
Invest in the Future of Cannabis: New Jersey Based MoJo Botanica Launches Crowdfunding Campaign
Ryan Allway February 7th, 2023 News, Top News ELIZABETH, N.J., Feb. 7, 2023 /PRNewswire/ — MoJo Botanica LLC is a New Jersey-based Minority Owned Business (MBE) that takes a community-centric approach to craft cannabis cultivation and manufacturing. Their aspiration is to foster an inclusive cannabis ecosystem through purposeful collaboration and grassroots cooperation.... Read more
Why is it so hard for ‘social equity’ entrepreneurs to get an NJ legal weed license?
New Jersey cannabis regulators believe there’s room to grow when it comes to getting people from economically-disadvantaged areas — especially those previously convicted of marijuana crimes — into the state’s brand new legal weed industry. According to statistics released by the New Jersey Cannabis Regulatory Commission last week, over... Read more
Sales of adult-use cannabis in New Jersey for the third quarter of 2022 topped $100 million, according to recently released data from state officials. The New Jersey Cannabis Regulatory Commission reported that sales of recreational marijuana from June 2022 through September 2022 totaled $116,572,533, representing a jump of 46%... Read more
The New Jersey Economic Development Authority (NJEDA) last week announced the creation of a grant program to help small businesses with the costs associated with launching an enterprise in the state’s regulated cannabis industry. Known as the Cannabis Equity Grant Program, the new initiative will distribute up to $10... Read more
Exclusive Interview with TerrAscend Chairman Jason Wild TerrAscend (CSE: TER) (OTCQX: TRSSF) has a five-state footprint in the U.S. The company has opted to build greater scale and market share in a smaller number of states rather than stretching across many markets. Though the cannabis industry has had a... Read more
Democratic U.S. Senator Cory Booker of New Jersey says that Senate Minority Leader Mitch McConnell is opposed to marijuana policy reform and is blocking cannabis bills from being approved by his Republican colleagues. Booker said that McConnell’s opposition is preventing the passage of marijuana legislation in the upper chamber... Read more
The Flower Shop Looks Beyond Arizona and Utah
Arizona-based TFS Brands, aka The Flower Shop, began life as SKY Dispensaries in 2017 only to rebrand to its current name in 2019 following the promotion of Greta Brandt from General Counsel to her current role as President of the company. If that decision did not succeed, the company... Read more
The attorney general of New Jersey last week issued a new directive on drug testing requirements for law enforcement agencies, a necessary update following the launch of the state’s legal cannabis market earlier this year.  Matthew Platkin, who was confirmed as the state’s AG last month, said that following... Read more
Exclusive Interview with MariMed Co-Founder and President Jon Levine MariMed (CSE: MRMD) (OTCQX: MRMD) CEO Bob Fireman last checked in with New Cannabis Ventures in April 2021. Since then, the company has been focused on rolling in its license partners and launching vertical operations in each of its states.... Read more
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