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NJ Cannabis Black Market Thriving Despite Red Tape and Politics

The New Jersey cannabis black market and legacy operators are thriving while red tape and towns oppose them. Despite fears and attempts to rein them in, the New Jersey cannabis legacy operators underground black market of small businesspeople, many of them minorities and/or women, are thriving. Legacy Operators Flourishing The State can’t actually stop the […]

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NJEDA Launches Eligibility Assessment Tool for Phase I of Cannabis Equity Grant Program

The New Jersey Economic Development Authority (NJEDA) announced the Eligibility Assessment Tool for the first phase of its Cannabis Equity Grant Program opened this morning. The cannabis equity grant program has been in the works for some time. At least a few small businesspeople with conditional licenses will likely fail without financial assistance. Joint Venture […]

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NJ Senate Passes Bill to Address Legal Cannabis Company Tax Issues

The New Jersey State Senate passed a bill allowing legal cannabis companies to keep separate state tax provisions from the federal prohibition on deductions to help alleviate legal cannabis tax issues companies are facing. Currently, legal cannabis companies cannot deduct their business expenses from their taxes, a common business practice since cannabis remains a Schedule […]

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Jersey City Planning Board OKs Kushmart Despite Distance Issue

The Jersey City Planning Board approved the Kushmart dispensary application after debating its closeness to the Cannabis Place dispensary for about three hours. Their application was carried at the planning board’s February 7th hearing due to concerns about their proximity to the 420 Cannabis Place Corp. “We do have [Supervising Planner] Matt Ward’s timeline,” Jersey City Planning […]

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NJ Attorney General Moves Cannabis Justice Forward

New Jersey Attorney General Matt Platkin has pushed cannabis justice forward by allowing police to consume weed and easing issues for some with legal problems. The NJ Supreme Court decided that the cannabis legalization referendum implementation law, the Cannabis Regulatory, Enforcement, Assistance, and Marketplace Modernization Act (CREAMMA), tops a ban and helps those with weed […]

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Russian Oligarch Ties to Curaleaf & Other Cannabis Companies Further Examined

According to Vice, Russian oligarch Roman Abramovich invested in Curaleaf and other prominent cannabis companies. Abramovich is a multi-billionaire with a wide range of business holdings worldwide. In the United Kingdom, he owns a very prominent soccer team. With the dictatorial Russian President Vladimir Putin’s invasion of Ukraine last year, the business dealings of the […]

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