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A Source of Capital for New Jersey Cannabis License Startups

Capitalizing New Jersey cannabis license applicant startups is a serious issue. While there are few sources many can go to for money, the Cannabiz Management firm is helping many. There are few sources for eager hustlers to take advantage of to secure the funds needed to build their dreams. Minority-owned companies seeking a New Jersey […]

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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 […]

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CQC 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 […]

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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. […]

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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, […]

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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 […]

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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 […]

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