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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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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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