New Jersey’s medical marijuana program regulators won’t make the Nov. 1 deadline to announce the winners of six additional dispensary licenses. Demand for medical marijuana in the Garden State spurred New Jersey Gov. Phil Murphy in July to call for doubling the number of dispensaries, from six to 12. But the state has been flooded with […]
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Week in Review: Sweet Leaf owners make a deal, NJ/IL medical cannabis reform & Alaska tax revamp
Sweet Leaf’s owners strike a deal with Colorado marijuana regulators, New Jersey and Illinois take steps to bolster their medical cannabis markets, and Alaska overhauls its MJ business taxes. Here’s a closer look at some notable developments in the cannabis industry this week. Sweet Leaf hit hard The owners of the once high-flying Colorado marijuana […]
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New legislation could boost New Jersey’s medical marijuana patient population
New Jersey medical marijuana companies might see more patients thanks to proposed legislation that would make it easier for state regulators to approve new conditions that can be treated with MMJ. The measure is contained in a legalization bill unveiled last month that would create a recreational marijuana industry and make changes to the state’s existing medical […]
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New Jersey medical cannabis expansion attracts multistate MMJ businesses
A number of multistate operators are vying for the coveted six additional medical marijuana licenses in New Jersey’s rapidly growing MMJ industry, underscoring the increasing attraction of the Garden State market. The New Jersey Department of Health has made the list of applicants available but said no further information would be released until the licenses […]
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New Jersey OKs vape cartridges, boosting medical cannabis market potentials
New Jersey’s once heavily restricted medical marijuana market continues to open up: MMJ businesses will now be able to sell vape cartridges filled with concentrates, a move that could boost dispensary sales and open new opportunities for makers of vaporizers and concentrates. The move comes after the state Department of Health waived the previous ban, according […]
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Week in Review: Long wait for Oregon rec cannabis permits, OK docs told no MMJ & New Jersey deluged by applicants
New recreational cannabis applicants in Oregon have to wait at least a year for a license, many Oklahoma doctors are told not to recommend medical marijuana, and New Jersey receives a flood of applications for MMJ licenses. Here’s a closer look at some notable developments in the cannabis industry this week. Oregon preps for license […]
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New Jersey flooded with applications for six medical marijuana licenses
New Jersey received 146 applications for six new medical marijuana licenses, an expansion that will double the number of MMJ businesses in a rapidly growing market. Applicants had to identify the region of the state where they would like to operate an MMJ business, which New Jersey calls alternative treatment centers. There were 50 applicants in […]
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New Jersey launches application process to double medical cannabis licenses
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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