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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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2 Bills on Cannabis Companies Pass NJ Legislative Committee

Two bills affecting New Jersey cannabis companies’ taxes and investment passed a legislative committee in the State House today. A bill allowing cannabis companies to deduct their business expenses from their state taxes passed a New Jersey legislative committee. A 3946 was introduced by Assemblywoman Annette Quijano (D-Union) and passed the NJ Assembly Oversight, Reform, […]

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NJCRC Holds Webinar for Budding Adult-use Cannabis Entrepreneurs

The NJ Cannabis Regulatory Commission (CRC) held a webinar on what adult-use cannabis entrepreneurs should know before applying for a NJ Cannabis license. “We really want to give an orientation overview of how businesses can prep for their applications,” CRC Chair Dianna Houenou said. She noted over 1100 people tuned into the webinar. CRC Executive […]

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Assembly Moves Monday Quorum, Endless Cannabis Debate Continues

In marijuana news, NJ Assembly Speaker Craig Coughlin (D-Middlesex) announced Friday a revised schedule for Assembly Committee hearings, so there is more time to whip votes for the cannabis bill. “In order for the Senate to complete its discussions and conclude negotiations with the Assembly and Governor on revisions to the cannabis legislation (A-5342) that […]

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