New Jersey Medical Cannabis Business & Marijuana Legal News

New Jersey governor: Push to legalize recreational marijuana is short on votes

Days ahead of a planned vote in the Legislature that would make New Jersey the 11th state to legalize recreational marijuana, Gov. Phil Murphy said Thursday the measure is short of the votes needed to pass next week. The Democrat spoke during a news conference alongside more than a dozen supporters of the bill, including […]

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New Jersey medical cannabis patient count surges 150% since January 2018

New Jersey’s medical marijuana program has seen a 150% increase in the number of patients participating since Gov. Phil Murphy took office early last year, a development that has no doubt bolstered sales at the state’s MMJ businesses. The program has added 25,500 patients since January 2018 and now has more than 42,500 patients participating, […]

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New Jersey governor formally unveils agreement on adult-use cannabis bill

New Jersey Gov. Phil Murphy and legislative leaders formally announced Tuesday they’ve agreed on legislation to legalize recreational marijuana that would call for a $42-per-ounce tax on the product. The governor and two fellow Democrats, Assembly Speaker Craig Coughlin and Senate President Steve Sweeney, announced in a statement the agreement had been reached after more […]

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New Jersey joins states that allow medical cannabis as opioid alternative

New Jersey Gov. Phil Murphy’s administration has added opioid addiction to the list of qualifying conditions that are treatable with medical marijuana, a move that could provide a boost to MMJ sales. In 2015, New Jersey health care providers wrote 55 opioid prescriptions per 100 persons, or 4.9 million prescriptions, according to the National Institute […]

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New Jersey increases number of medical marijuana dispensaries to a dozen

New Jersey regulators doubled the number of medical marijuana dispensaries that can operate in the state, adding six more for a total of 12. The move could help alleviate a product shortage that arose from a growing patient pool amid limited business licenses. According to NJ.com, the state’s health department revealed it will allow the […]

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Week in Review: NJ adult-use cannabis bills advance, OH credit union plans MMJ banking & MA recreational sales boom

New Jersey legislative committees advance potentially groundbreaking adult-use cannabis legislation, an Ohio credit union offers limited banking services to medical marijuana companies, and sales are booming at Massachusetts’ first two recreational MJ stores. Here’s a closer look at some notable developments in the marijuana industry this week. Garden State marijuana legislation moves Cannabis businesses are […]

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