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Town Politics Hurting Small Cannabis Companies & Legacy Operators Going Legit

Despite the intentions of the NJ Cannabis Regulatory Commission (NJCRC), many legacy operators going legal and small cannabis companies continue to struggle. Red tape and cautious small-town suburban politicians favor large cannabis companies that are Multi-State Operators (MSOs) or backed by former MSO executives. “It’s definitely hard if you’re not a well-capitalized MSO right now,” […]

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NJCRC Approves 49 Legal Cannabis Licenses & Discusses Minority Owner Issues

The NJ Cannabis Regulatory Commission (NJCRC) approved 49 licenses and discussed minority owners in the New Jersey legal cannabis industry. NJCRC Executive Director Jeff Brown said 1647 applications have been received overall. He said that minority owners submitted 72 percent of them. He explained they had received 175 conditional conversion legal cannabis license applications thus […]

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Jersey City Council Debates Cannabis Dispensary Distance Issues

The Jersey City Council debated cannabis dispensary distance during their caucus meeting. Two dispensaries were up for approval during their regular Council meeting. Jersey City Commerce Department Director Maynard Woodson noted the Planning Board approved the adult-use cannabis dispensary applicant Green Flamingo on November 29th. They are poised to receive a city resolution, the last […]

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Pro-Putin Russian Oligarch Backing Curaleaf Verified

A Russian oligarch backed by President Vladimir Putin is a significant funder of the Multi-State Operator (MSO) Curaleaf, according to Forensic News. There had been some questions about Curaleaf’s connection to Russian oligarchs. It has now been verified. New documents from Cyprus that have been uncovered detail Russian oligarch Roman Abramovich’s finances and relationship with […]

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Cannabis News: Jersey City Cannabis Board Approves 5 Dispensaries

In the latest NJ cannabis news, the Jersey City Cannabis Control Board (CCB) approved five cannabis dispensary applications, including one owned by Hudson County Commissioner Jerry Walker. Legacy to Lifted, LLC at 490 West Side Ave was first. They were previously carried. Attorney Micci Weiss noted they received state approval from the NJCRC on October […]

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Garden State Dispensary Under New Ownership, Ayr Woodbridge

2022 has been a pivotal year for Ayr Wellness in New Jersey. They took over a large-scale cultivation expansion and began adult-use sales at its three retail locations.

They also introduced its national brand into the wholesale market and its retail stores. Ayr is now among the several hundred dispensaries now OK’d to operate in New Jersey. They also have the maximum of 3 dispensaries allowed in the state.

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