New Jersey Adult-Use Sales Finally Slated to Launch News by admin - April 12, 2022April 12, 20220 After more than one year, New Jersey voters approved recreational marijuana legalization. However, there were several delays in the launch of the regulated marketplace. Adult-use cannabis sales will finally begin in New Jersey within the next few weeks. On Monday, the state’s Cannabis Regulatory Commission “gave seven medical-marijuana companies approval to start selling their products to all adults,” theNeue York Times According to reports, this sets the stage for recreational sale at the businesses in the coming month. The following is the Times, recreational, adult-use sales “are permitted to start as soon as each of the seven companies pays upward of $1 million in fees associated with the expanded licenses and satisfies other bureaucratic requirements to gain final approval.” In total, the Cannabis Regulatory Commission “authorized 13 individual dispensaries, which will be scattered throughout New Jersey, including several that are within a half-hour drive of New York City,” according to the Times, although the “exact timing for the first legal sales and the locations of each of the 13 medical-marijuana dispensaries remains unclear.” “The path to get there does not have to be any specific length of time,” said Jeff Brown, executive director of the state’s Cannabis Regulatory Commission, as quoted by the Times. “It doesn’t have to be 30 days. It could be shorter. It can be more.” The breakthrough for the commission on Monday ended frustratingly for New Jersey officials and lawmakers who were trying to get the state’s adult-use cannabis market off the ground. A ballot question that would legalize cannabis to adults 21 years and over was passed by 67% in 2020. However, the 16 months that followed were plagued by delays and setbacks while the Garden State worked to create rules for the new cannabis market. The Cannabis Regulatory Commission did not begin accepting applications from prospective cannabis businesses until November — two months later than when the panel was supposed to start the application period. Following the failure of the state to meet a deadline, Phil Murphy, Governor of New Jersey indicated that the state’s regulated cannabis market would launch within the next month. “If I had to predict, we are within weeks — I would hope in March — you would see implicit movement on the medical dispensaries, some of them being able to sell recreational,” Murphy, a Democrat, said at the time. “They’ve got to prove they’ve got the supply for their medical customers. I hope shortly thereafter, the standalone recreational marijuana operators.” Some legalization advocates wanted to know why March was not a month of recreational sales. Nick Scutari is the President of the New Jersey State Senate. He recently stated that he plans to create a committee to investigate why it took so long for the recreational market to go live. Scutari says that he wants “explanations on the repeated hold-ups in expanding medical dispensaries to sell recreational marijuana and in the opening of retail facilities for adult-use cannabis,” and to determine “what can be done to meet the demands and reduce the costs of medical marijuana.” “These delays are totally unacceptable,” Scutari said in a statement. “We need to get the legal marijuana market up and running in New Jersey. This has become a failure to follow through on the public mandate and to meet the expectations for new businesses and consumers.” With Monday’s vote by the Cannabis Regulatory Commision, the launch may finally be near for New Jersey. The Times, the commission said that each of the businesses that won approval on Monday “had demonstrated that they had enough supply for both medical and recreational customers,” and that they had shown “they had a strategy for ensuring that patients are not edged out by the expected flood of new customers during the early days of legal sales in the densely populated region.” Share on Facebook Share Share on TwitterTweet Share on Pinterest Share Share on LinkedIn Share Share on Digg Share