Key Takeaways New Jersey offers multiple types of cannabis licenses—including cultivation, manufacturing, and retail—and applicants must choose based on their business model and operational goals. The application process is highly competitive and requires detailed information about your location, financial plan, social equity status, and regulatory compliance. Working with legal... read more
As anticipation grows around the potential federal descheduling of cannabis, the market reacted positively with a significant uptick in cannabis stocks, sparked by a tweet from the esteemed hedge fund manager Doug Kass hinting at a DEA reclassification of cannabis to Schedule III. This pivotal moment arrives amidst transformative... read more
There’s a domino effect of sorts happening within the U.S.: the legalization of recreational marijuana. As of February 2021, New Jersey was the latest state to follow suit, passing legislation which allows for the production, distribution and use of recreational cannabis. The economic impact of this legislation is enormous... read more
Last November, the people of New Jersey sent an almost universal message, overwhelmingly supporting the legalization of recreational cannabis. According to a post-election analysis by USA Today Network, 562 of the 565 municipalities in the state won the backing of voters. As a result, the New Jersey’s legislature created... read more
What was tied to ‘60s counterculture has become mainstream in 2021. New Jersey’s referendum on the ballot last year overwhelmingly passed the legalization of recreational marijuana. This past February, New Jersey’s legislature created Bill S21 that Governor Phil Murphy signed into law, regulating the sale of cannabis to anyone... read more
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