The New Jersey Cannabis Regulatory Commission (NJCRC) released information about the 30 medical cannabis dispensary license winners from the 2019 Request for Applications (RFA).
Table of Contents
Thus, they ended a process that started 29 months ago.
“The price of cannabis is still high. The patients per dispensary is still high,” Executive Director Jeff Brown said. “We have an opportunity to get this program in line with what we need to see and what patients really need as far as access points.”
Fifteen dispensary licenses were supposed to be awarded. But Brown said they would award 30 instead. They were divided by geography.
New Jersey Medical Cannabis Dispensary License Winners Announced
The Central Jersey medical cannabis dispensary license winners were:
- Middle Valley Partners LLC
- Monmouth Wellness and Healing LLC
- McGraw Holdings New Jersey
- Monteverde NJ LLC
- Silver Leaf Wellness LLC
- Garden State Botanicals
- GLCPC LLC
- Sanctuary Medicinals
- Theory Wellness of NJ LLC
- Woah Flow
The North Jersey winners were:
- Community Wellness Center of NJ
- GR Vending
- Yuma Way NJ LLC
- Terrapin Station Hoboken
- Oceanfront Holdings (Downtown Flwr) LLC
- 11th Colony Cannabis
- New Jersey PharmaCanna (URB’N) LLC
- 1st Choice Health and Wellness
- Nature’s Touch Med NJ LLC
- NJ Patients Care LLC
The South Jersey winners are:
- The Law Offices of Juliana Diaz LLC
- Eastern Green Inc. dba (Doing Business As) Starbuds
- Design 710
- NJ Kindness
- Restore NJ LLC
- Organic Remedies NJ LLC
- Honeygrove Corp
- Circe Therapeutics
- Life Compassion Center Dispensary
- Holistic Solutions LLC
Brown explained that Central Jersey has the greatest need for more dispensaries of the three regions.
“Unlike in cultivation, location does matter,” he said.
Medical Cannabis Program Progress Report
Brown reported that there are currently an average of 5,187 patients per dispensary paying between $320 and $480 an ounce for medical cannabis. He believed there should be about 2,000 patients per dispensary.
Brown announced there are now 122,000 patients in the New Jersey cannabis medical program. Thus, New Jersey should have 61 dispensaries, which correlates with a 2018 report he cited.
“One of the biggest issues we hear from patients… is that they often have to travel long distances to access their medication,” he said.
Brown noted that 109 applicants sought a medical cannabis dispensary license. Some disqualified applicants launched an unsuccessful lawsuit that severely delayed the scoring process.
“They must operate in the medicinal market for a year before they operate in the adult-use market,” he added.
Checking Boxes
Brown noted the awards are provisional and do not guarantee the issuance of a permit.
CRC Commissioner Charles Barker abstained from approving the 2019 dispensary winners, so the resolution approving the winners passed 4-0.
He has consistently not voted with the rest of the CRC on key votes advancing the Commission’s work. Barker has given no explanation why.
Twelve vertically integrated cannabis licenses were won between 2011 and 2018. Then, ten cultivation and 4 vertically integrated license holders were announced in October.
NJ medical vertical cannabis license holders can grow, make, distribute, wholesale, and retail cannabis products legally.
So, with the 30 medical cannabis dispensary licenses announced, there are now 56 New Jersey cannabis license holders.
Certifying the 2019 Vertical and Cultivation License Winners
Brown said they all submitted site control and qualified as Women or Minority-owned. Brown noted 12 Women-owned businesses and three Minority-owned businesses won the licenses. While there were 14 winners, one of the winners qualified for both.
Winning the license is conditional upon submitting key information and the approval of the CRC. Applicants still need to comply with requirements like providing criminal history background checks and verification of applicant information after being awarded a license conditionally.
Review of 2021 and What’s Expected in 2022
CRC Chair Diana Houenou reviewed her yearly report and noted the Commission’s milestones. She said they accomplished a tremendous amount to set up the legal adult-use cannabis market and expand the medical cannabis program.
Houenou noted the CRC launched on April 12th. Soon after, they adopted cannabis lab standards. They released the interim adult-use market regulations on August 19th.
“It was a big moment for the Commission. We got a 160-page set of regulations just four months after being set up,” she said.
Houenou touted how the rules were released on time despite many doubting them. But, she did not mention that they missed the deadline for beginning the acceptance of adult-use license applications, set to start December 15th. The adult-use legalization referendum implementation law called for the start 30 days after the rules were released.
“We’ve done a tremendous amount in getting our recreation industry and establishing a foundation for our recreational industry,” Houenou declared.
“We’re very excited to see, um, the Garden State begin to plant its roots and take shape here as we get our cannabis industry up and running,” she added.
Future Plans
They expect to issue the licenses and adult-use sales to begin next year at some of the existing medical marijuana dispensaries.
“Our Commission is eyeballs deep in partnership agencies to serve New Jersey and make sure New Jersey’s cannabis industry is one that embodies our values,” Houenou said.
She explained that the CRC is collaborating with other New Jersey state agencies to provide technical assistance to applicants in the future to provide access to capital and build a robust cannabis workforce.
“We have been listening,” Houenou said.
She noted many individuals have brought up these issues at CRC meetings. Houenou said they expect staff recommendations on the six 2018 applicants who won a lawsuit over the scoring process by the end of the year.
Thus, they tabled a resolution on the recommendation.
Barker objected to the meeting schedule for 2022. The NJ CRC had largely scheduled them for 1 pm.
“Evening times should be established. Interested parties can’t make meetings at 1 pm. Nay,” he said.
Thus, the CRC’s 2022 meeting schedule passed 4-1.
