New Jersey has opened the licensing application process that will lead to a doubling in the number of medical marijuana businesses serving the state, from the current six to 12. Reflecting strong demand from entrepreneurs wanting to secure one of the six new licenses, more than 800 people attended a mandatory pre-application meeting on Thursday, […]
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State marijuana reforms could spark tens of millions of dollars in business opportunities
Pro-cannabis legislative reform has advanced in a number of states in 2018, with major business developments occurring in Florida, Pennsylvania, New Jersey and other markets. The legislative changes and resulting program expansions could potentially boost medical marijuana sales by tens of millions of dollars a year, providing a shot in the arm to MMJ retailers, […]
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Week in Review: Florida cannabis lawsuits, NJ license expansions & Big Booze supports MJ legalization
Florida opts to add four more medical marijuana businesses, New Jersey doubles the number of its vertically integrated MMJ licenses, and cannabis legalization gets some support from Big Alcohol. Here’s a closer look at some notable developments in the cannabis industry over the past week. The Lawsuit State News that the Florida health department will issue four […]
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New Jersey looks to double medical marijuana businesses
With patient numbers surging and supply problems escalating in New Jersey, Gov. Phil Murphy’s administration is expected to call for six more medical cannabis providers to serve the state. That would bring the total number of medical marijuana companies in the state to 12. State regulations mandate that MMJ businesses be vertically integrated. The Department […]
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NJ to put off adult-use cannabis legislation until later this summer
New Jersey lawmakers won’t act on adult-use marijuana legislation until after the state budget impasse is resolved, NJ.com reported Tuesday. The decision was expected because lawmakers are focused on beating a June 30 deadline for passing the budget. State Sen. Nicholas Scutari, a Democrat who is sponsoring a recreational marijuana bill, told NJ Advance Media/NJ.com […]
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NJ recreational marijuana bill stalling, but overall prospects still look bright
The probability of an adult-use marijuana bill passing in New Jersey before a June 30 budget deadline reportedly is declining, but lawmakers still look poised to approve recreational MJ within the next year, according to a policy analyst and advocate. The current effort is hitting a snag because of state budget squabbles as well as […]
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New Jersey health official lobbies docs to recommend medical marijuana
New Jersey’s health commissioner suggested the state’s 28,000 registered physicians should give medical marijuana more of a chance, a move apparently aimed at ensuring the state has enough physicians to accommodate a possible expansion of its MMJ program. Health Commissioner Shereef Elnahal “urged doctors to recommend vaping or to consume nonsmokable forms of cannabis” in a […]
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New Jersey dispensary teams with cannabis company that has John Boehner on board
A longtime medical cannabis dispensary in New Jersey has struck a partnership with Acreage Holdings, the multistate marijuana business that last month brought former House Speaker John Boehner onto its advisory board. According to NJ.com, Compassionate Care Foundation in south New Jersey is teaming up with Acreage to construct a 100,000-square-foot grow operation. Acreage Holdings […]
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New Jersey’s medical marijuana patient count could reach 50,000, regulator says
New Jersey is expecting to at least double its medical cannabis patient registration, from about 20,000 to 40,000 or even 50,000, the state’s health commissioner said Tuesday.
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Week in Review: Connecticut medical marijuana hopefuls, PA suit & Florida hits 100,000 patients
Connecticut receives dozens of applications from aspiring medical cannabis entrepreneurs, a Pennsylvania court tosses a lawsuit that could have undone the state’s medical marijuana program, and Florida hits 100,000 MMJ patients. Here’s a closer look at some notable developments in the marijuana industry over the past week. East Coast MMJ rising News that Connecticut regulators received […]
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New Jersey medical marijuana expansion bill could mean industry boom
New Jersey’s medical marijuana market appears poised for a major shot in the arm, with state lawmakers eyeing an expansion that could increase the number of MMJ dispensaries in the state from six to almost 100. According to NJ.com, a bill making its way through the lower house of the state legislature would authorize “a maximum […]
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Week in Review: California-Canada union, New Jersey’s MMJ expansion & a GOP thumbs-up for hemp
A Canadian cannabis business buys three California MJ companies, New Jersey expands its medical marijuana program, and a key Republican goes to bat for industrial hemp. Here’s a closer look at some notable developments in the marijuana industry over the past week. Northern invasion The announcement that yet another Canadian company – Ontario-based CannaRoyalty Corp. […]
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