Apr 18, 2022
adult-use cannabis market, adult-use consumers, advocacy, cannabis legalization, cannabis products, conditional licenses, CRC, cultivators, dispensaries, Garden State, licenses, manufacturers, medical cannabis companies, medical patients, New Jersey, New Jersey Cannabis Regulatory Commission, NJ, public feedback tour, social equity ownership, tax revenue
Great news! Last week, the New Jersey Cannabis Regulatory Commission (CRC) approved the licenses of seven medical cannabis companies to allow the sale of adult-use cannabis products to adults 21 years and older without a medical card later this month.
On Friday, the Commission announced that 13 individual dispensaries have been approved to begin offering cannabis products to adults ages 21 and older beginning as soon as April 21. Under guidance issued by the CRC, medical patients may purchase up to three ounces every 30 days, while adult-use consumers will be able to purchase up to one ounce per transaction. This milestone culminates years of advocacy by supporters like you to bring an adult-use cannabis market to fruition in New Jersey.
Earlier this month, the commission also approved 102 conditional licenses for smaller cultivators and manufacturers, many of which have social equity ownership. However, those licensees aren’t expected to begin operations until next year. Additionally, the CRC recently completed a public feedback tour throughout the state focused on ways to allocate cannabis tax revenue.
As the adult-use market continues to roll out in the Garden State, we’ll be sure to keep you updated on the progress.