New Jersey Gets More Than 170 Cannabis Dispensary Applications On First Day News by admin - March 18, 2022March 18, 20220 New Jersey began accepting applications on Tuesday from individuals hoping to get in on the ground floor of the state’s coming recreational cannabis industry. By day’s end, state regulators had attracted plenty of interest. NJ.com reports that New Jersey Cannabis Regulatory Commission received 172 applications by individuals who are interested in opening a retail cannabis store. “Today is the day where the CRC (Cannabis Regulatory Commission) portal opens and applicants who wish to apply for a retail license to sell cannabis … are allowed to do so,” said Michael DeLoreto, a director at Gibbons’ Government and Regulatory Affairs Department, as quoted by NJ.com. “This is a day that a lot of businesses have been waiting for.” New Jersey voters legalized recreational adult-use cannabis in 2020 when they approved a ballot measure (three other states –– Montana, Arizona and South Dakota –– likewise passed legalization proposals at the ballot that year). The Cannabis Regulatory Commission opened applications in December for cannabis manufacturers, recreational marijuana cultivators and test labs. The commission said that by early afternoon on the first day of the application period, “the application platform was averaging 155 new users per hour.” In the space of four hours the commission announced that nearly 500 applications had been received. “We are happy to reach this milestone,” Jeff Brown, executive director of the Cannabis Regulatory Commission, said at the time. “Applications are coming in, the platform is performing well, and we can officially mark the launch of the state’s recreational cannabis industry. Getting cultivators, manufacturers, and testing labs licensed and operating will set the framework and establish supply for retailers who will start licensing in March 2022.” Late last month, New Jersey Gov. Phil Murphy, a Democrat, said that he believed adult-use sales would begin “within weeks.” “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 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.” Along those lines, NJ.com reported that Tuesday “also marked the day when the state panel expected to finish reviewing applications from eight of about [a] dozen alternative treatment centers that sell medical marijuana and are looking to the expand to the recreational market.” The Cannabis Regulatory Commission has said that it is prioritizing applications from “designated target communities, for people with cannabis convictions (expunged or not), and for minorities, women, and disabled veterans.” The three groups that will receive priority consideration from the commission are “minority-owned, woman-owned, or disabled veteran-owned,” businesses “owned by people who have lived in an Economically Disadvantaged Area of the state, or who have convictions for cannabis-related offenses (expunged or not),” and businesses “located in an Impact Zone, owned by people from an Impact Zone, or employing residents of Impact Zones.” The expansion of access to marijuana for people with disabilities has become an integral part of the recreational laws throughout the country. New York declared last week that at most 100 adult-use cannabis retailer licenses in New York will be available to individuals who have been convicted of cannabis-related offences or family members of those who were convicted. Tremaine Wright, chair of the Cannabis Control Board in New York, said last month that the state is trying to “build a supportive ecosystem that allows people to participate no matter their economic background and we want everyone to know they have a real opportunity at a license as well as support so that their businesses will be ongoing enterprises that are successful and have the opportunity for growth.” Share on Facebook Share Share on TwitterTweet Share on Pinterest Share Share on LinkedIn Share Share on Digg Share