New Jersey Medical Cannabis Business & Marijuana Legal News

New Jersey medical cannabis rules to allow separate business permits

New Jersey regulators issued medical marijuana rules aimed at increasing MMJ entrepreneurial opportunities, product supply and access in a market that has more than doubled in patients since Gov. Phil Murphy took office in January 2018. The rule changes, which are the result of an executive order from Murphy, include: Creating separate permits for cultivators, […]

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New Jersey will need 100 cannabis growers if adult use is legalized, regulators say

If New Jersey legalizes recreational marijuana, a move that’s been discussed for months and has a new deadline, roughly 100 new cannabis cultivators would be needed, according to an estimate from state officials. That’s in addition to the 35 or so growers needed to supply the expected expansion of the medical cannabis program. According to […]

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NJ forecasts need for up to 90 more medical marijuana dispensaries by 2022

New Jersey needs to add 50 to 90 medical cannabis dispensaries in the next three years and more cultivation facilities to keep pace with current market demand, according to a state report issued this week that holds out the possibility of additional MMJ business opportunities. The report, released by the New Jersey Department of Health, […]

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Decision day for New Jersey? $1.5 billion recreational cannabis market at stake

New Jersey lawmakers could vote as soon as Monday on whether to legalize adult-use marijuana, with hundreds of millions of dollars of new cannabis business opportunities at stake in the decision. Marijuana Business Daily projects a legal recreational industry in New Jersey could potentially generate $1.2 billion-$1.5 billion in annual retail sales by 2023. But the outcome […]

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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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