Dan UlloaNJEDA Plans to Help NJ Cannabis Companies Access Capital
The New Jersey Economic Development Authority is working to help struggling New Jersey cannabis companies access capital needed to open.
NJEDA Announces Launch of Cannabis Grant Program
The New Jersey Economic Development Authority (NJEDA) announced the creation of its Cannabis Equity Grant Program. It is long awaited. Up to $10 million in state funding will be available for applicants. It’s designed to help start-ups with early-stage expenses and technical training. “The establishment of the Cannabis Equity Grant Program will help aspiring small business owners […]
Heady NJ StaffCQC Cannabis Conference Focuses on Social Equity & Tech
The Cannabis Quality Conference (CQC) held in Parsippany in Morris County this week focused on technology along with Social Equity. It was a Business 2 Business (B2B) cannabis conference focused on the nature of the industry, versus consumers. “It’s been really nice seeing the community blossom here,” Aaron Bliss of the Cannabis Industry Journal, which […]
NJCRC Promises Help for Conditional Licenses at Latino Cannabis Business Conference
The New Jersey Cannabis Regulatory Commission (NJCRC) promised to help conditional license winners at a Latino cannabis business conference held in Jersey City led by the Cannabis Place. This marked the first annual Latino cannabis conference held by the National Hispanic Cannabis Council’s Tri-State chapter, jointly hosted with 420 Cannabis Place’s CEO Osbert Orduna. While […]
Bill to Help Cannabis Firms in Impact Zones Passes NJ Legislature
The New Jersey Legislature passed a bill introduced by Senate President Nick Scutari (D-Union) to help small cannabis companies in impact zones access financial assistance. His bill, S 2945, requires a portion of funds made available under a New Jersey Economic Development Authority (NJEDA) program to be reserved for businesses operating within an impact zone. […]
Minority Cannabis Advocacy Groups Campaign for SAFE Banking Act
A coalition of advocacy groups has launched a campaign to pass the SAFE Banking Act. They want to help minority and women-owned cannabis companies. Advocacy groups, including Marijuana Matters, Minority Cannabis Business Association (MCBA), Minorities for Medical Marijuana (M4MM), and Women Grow, have launched #SAFE4Equity. It is a campaign to educate cannabis operators, industry stakeholders, […]
Athletes in Cannabis Conference Held in Elizabeth
The Athletes in Cannabis Conference was held in Elizabeth, NJ. It featured lively panels regarding the industry. “This whole sector is an opportunity for everybody,” said Reggie Grant, formerly of the New York Jets which have played in NJ for decades. “I do not smoke weed. But I am a capitalist,” he added. “When you’re […]
Business of Cannabis Summit Focuses on Access to Capital
A conference was held in Williamsburg, Brooklyn discussing issues in the business of cannabis like access to capital and how it affects entrepreneurs, especially minorities. It was held by the Business of Cannabis, a Canadian-based cannabis news site. Business of Cannabis President Jay Rosenthal reviewed the progress New York state is making with cannabis. He […]
Minority Cannabis Biz Association Unveils Social Equity Report
The Minority Cannabis Business Association (MCBA) released a report focusing on cannabis Social Equity across the state markets. They did so with support from the Arcview Group, Weedmaps, and the cannabis company Parallel. According to the report, only 15 states have social equity programs, including New Jersey. However, none have created an equitable cannabis industry […]
Advocate Demands Chamber Apologize for Claiming No NJ Black Cannabis License Holders
Prominent advocate and businessman Leo Bridgewater is demanding the African American Chamber of Commerce of New Jersey apologize to Congressman Donald Payne Jr. (D-NJ-10) and the NJ Cannabis Regulatory Commission (CRC) regarding their claim there are no black cannabis license holders. Bridgewater noted Woah Flow was previously identified only by Heady NJ as the first […]
Cannademix Cannabis Conference Focuses Social Equity & Adult-use Rollout
The Cannademix cannabis conference featured notable panelists discussing cannabis social equity as the New Jersey adult-use cannabis market is being developed. Organized by activist and entrepreneur Josh Alb, the cannabis conference was a success with many enjoying the panels and vendors. Discussing Cannabis Social Equity Edison Councilwoman Joyce Ship-Freeman moderated a Cannademix panel with advocate […]
2019 NJ Social Equity Cannabis Applicants Ask CRC to Act
Four NJ social Equity cannabis applicants from the 2019 medical cannabis license Request For Applications (RFA) are asking the NJ Cannabis Regulatory Commission (CRC) to act on four issues. Bershan Shaw of Roundtable Wellness, Darrin Chandler Jr. of Premium Genetics Partners, Marisa Edmunds of Ital Gardens, and Travis Ally of 93 ID Inc. sent a […]
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