NJ Recreational Cannabis Sales Up to Almost $200 Million
New Jersey recreational cannabis sales for the 3rd quarter of the year totaled $177,710,764. They have been high since the beginning. The New Jersey Cannabis Regulatory Commission (NJCRC) reported sales from July 2022 to September 2022 totaled $116,572,533. With medicinal cannabis sales included, the total went up even further. There are now 20 dispensaries in New […]
The Coming Gilded Age of the Cannabis Industry in New Jersey
With the growth of the legal cannabis industry in New Jersey, the beginning of a gilded age of cannabis has begun in New Jersey. In 2020, New Jersey voters approved a ballot measure to legalize cannabis. It marked the beginning of a new era and created a gilded age of cannabis in New Jersey. The […]
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 […]
A Guide to Legal Cannabis in New Jersey
To ensure you stay on the right side of the law, we’ve provided valuable information about legal cannabis in New Jersey. Cannabis has been used for medical and adult-use (rec) purposes for thousands of years. The use of cannabis began in central Asia mainly for its beneficial healing properties. However, since the 1930s cannabis has […]
Does the MSO Curaleaf Chair Endorse a Limited Market?
The cannabis business publication Green Market Report recently reported that Boris Jordan, Chairman of Curaleaf, a large cannabis corporation that is a Multi-State Operator (MSO), endorsed a limited market. Curaleaf has several cannabis dispensaries in New Jersey. They have since clarified some of their position to the contrary after the outrage. At the MJ BizCon […]
Illegal Stock Scheme Tied to Cannabis Products Warned To Stop
New Jersey Attorney General Matthew Platkin ordered an internet company to stop offering fraudulent investments related to cannabis products. Due to the Cease and Desist Order he issued, the NJ Bureau of Securities directed the online company Buy Cannabis Stocks Investments Inc. (BCSI) to stop offering bogus investment stock packages related to pharmaceutical, medical cannabis, […]
NJ Assembly Committee Passes Cannabis Banking Bill
The New Jersey Assembly Finance Committee passed a bill to make it easier for cannabis companies to do business with banks. The bill is A4263 “Protects financial institutions and insurers doing business with the cannabis industry from being penalized by State regulators.” If it passes, the State of New Jersey cannot “prohibit, penalize, or otherwise […]
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.
Legacy Entrepreneur Debi Madaio Celebrates Surviving NJWeedman
Underground legacy entrepreneur and nurse Debi Madaio is celebrating her upcoming legal adult-use cannabis business, The Weed Stalk, and surviving domestic abuse from longtime cannabis advocate and legacy operator Ed “NJWeedman” Forchion. A registered nurse, cannabis activist, mother to two daughters, and an adopted special needs son, she was the majority owner behind NJWeedman’s Joint, […]
5 Tips For Picking the Perfect Cannabis Vape Cartridge
There are many cannabis vape cartridges in the market, making it difficult to pick the right one. Some are better than others. Vape pens are convenient since they can be used repeatedly and then charged for further usage. When the cannabis in your cartridge has run out, swap it for a fresh one. The smoke […]
NJCRC Holds Forums for Hispanics & Tax $ Reinvestment
The New Jersey Cannabis Regulatory Commission (NJCRC) recently held a webinar on Hispanic issues. Also, they described their hearings on how adult-use cannabis-derived tax revenue should be spent. NJCRC Vice Chair Sam Delgado and Commissioner Maria Del Cid hosted the webinar. It was bilingual in English and Spanish. During the forum webinar, they sought to […]
Jersey City Cannabis Board OKs Backpack Boyz, Other Dispensaries
The Jersey City Cannabis Control Board (CCB) approved five adult-use cannabis dispensaries during their November meeting including Backpack Boyz. Backpack Boyz Dispensary Coming to Jersey City Backpack Boyz LLC at 746 Grand St was the last application reviewed by the Jersey City Cannabis Control Board. They have a licensing agreement for the name. Backpack Boyz […]