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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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Pro-Putin Russian Oligarch Backing Curaleaf Verified

A Russian oligarch backed by President Vladimir Putin is a significant funder of the Multi-State Operator (MSO) Curaleaf, according to Forensic News. There had been some questions about Curaleaf’s connection to Russian oligarchs. It has now been verified. New documents from Cyprus that have been uncovered detail Russian oligarch Roman Abramovich’s finances and relationship with […]

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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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Garden State Dispensary Under New Ownership, Ayr Wellness

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.

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