Bryan WGovernor Murphy Tweets Celebrating the Anniversary of Cannabis Legalization
Earlier today, Governor Murphy tweeted about the legalization of cannabis, highlighting the opportunities created in the NJ cannabis rollout.
Curaleaf Grovels For Support From Customers For Denied License
Last week the NJCRC denied Curaleaf’s renewal application. Curaleaf has since taken actions to grovel support from its customer base.
Dan UlloaTown 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,” […]
Heady NJ StaffChanging Priorities Lead To Job Cuts At Ayr Wellness
Job cuts at Ayr Wellness forces 180 employees out of work during the company’s plans to improve efficiency and realign key priorities.
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 NJ. They have since clarified some of their position to the contrary after the outrage. At the MJ BizCon cannabis […]
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.
Hoboken Approves Story & JJ Dispensaries Despite Opposition
Hoboken has made progress on the Story Dispensary and JJ Dispensary Hoboken cannabis applications despite opposition and incompetence in Public Relations. The Hoboken Planning Board unanimously approved (8-0) the controversial Story Dispensary after five meetings that lasted for about 25 hours. The association of the building where the dispensary would be located hired an attorney […]
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 […]
Many NJ Conditional Cannabis License Winners Need Help
Several New Jersey adult-use cannabis conditional license winners lack the money and a location needed to be able to open. The conditional cannabis license was designed by the NJ Cannabis Regulatory Commission (NJCRC) to make it easier for small businesspeople to enter the cannabis market since many cannot enter more established markets elsewhere. Many cannabis […]
5 NJ Companies Fined for Adult-use Cannabis Sales During Patient Hours
Five out-of-state cannabis corporations that are Multi-State Operators (MSOs) were fined $360,000 for adult-use cannabis sales during patient-only hours. Curaleaf, GTI Rise, Verano Zen Leaf, Acreage’s the Botanist, and Ascend were all fined several thousand dollars. They enact most of the New Jersey medical and adult-use cannabis sales in the state. Patient Hours Fines It […]
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. […]
12K Plus Customers Served on 1st Day of New Jersey Adult-use Cannabis Sales
On the first day of New Jersey adult-use cannabis sales, the 12 adult-use dispensaries locations sold cannabis products to 12,438 adult-use customers for nearly $1.9 million. The New Jersey Cannabis Regulatory Commission (NJCRC) reported sales of medical cannabis products have been strong over the last 30 days. Approximately 64,000 ounces of products were dispensed to […]
