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New Jersey Begins Accepting Cannabis Business Application

New Jersey Begins Accepting Cannabis Business Application

new jersey cannabis application are being accepted now
The Murphy Administration began accepting applications from cannabis growers, product manufacturers and testing labs on Wednesday — the first step that will usher in the legitimate marijuana industry New Jersey voters endorsed in a referendum 13 months ago.

Within four hours of the application portal going live 9 a.m. Wednesday, 500 people had established accounts, Jeff Brown, executive director for the Cannabis Regulatory Commission announced. By the end of the business day, 635 had created accounts, commission spokeswoman Toni-Anne Blake said.

“We are happy to reach this milestone,” Brown said in a statement. “Applications are coming in, the platform is performing well, and we can officially mark the launch of the state’s recreational cannabis industry.”

The commission will start accepting applications for dispensary owners, the retail shops that will sell the cannabis products, on March 15. There are no deadlines; applications will be accepted and reviewed on a continuous basis, the commission said.

Applicants who are owned by women, minorities and veterans will get reviewed and approved first, as well as from those who have been convicted of marijuana offenses and people from poor communities, the commission has said. One of the goals behind legalizing the sale and possession of weed is to lessen the harm on Black and brown people, who have been more than three times more likely to face arrest and conviction than white people, even though usage rates are the same.

Under the cannabis legalization law signed in February by Gov. Phil Murphy, the commission created the Office of Minority, Disabled Veterans, and Women Business Development to promote diversity.

The commission also created a category for Social Equity Business applicants, defined as entities “owned by people who have lived in an economically disadvantaged area or who have convictions for cannabis-related offenses.”

New Jersey to Begin Accepting Cannabis Business License Applications in December

New Jersey to Begin Accepting Cannabis Business License Applications in December

New Jersey cannabis business applications will begin December 15

After missing a September deadline to begin licensing recreational cannabis businesses in New Jersey, the Cannabis Regulatory Commission has announced it will begin accepting application on December 15, 2021. However these applications will only be available to growers, processors and testing labs.

Applications for dispensaries will not be available until March 15, 2022. The New Jersey cannabis legalization law originally mandated legal sales begin by mid-February 2022, or six months after the commission adopted its initial rules.

However due to the past delays, the likelihood of cannabis businesses being up and operational by February 2022 is low. The Commission however has said that during the time that they delayed the application process, they created a way to better process applications, implicating the process could move more quickly than initially expected.

New Jersey currently has medical cannabis dispensaries across the state, which is the only legal way to obtain cannabis currently and requires a patient card to purchase cannabis. The state has recently issued 14 new medical dispensary licenses, however these stores must be in operation for one year before they can apply to also sell recreational cannabis.

The Cannabis Regulatory Commission is concerned that due to their delays, there won’t be sufficient supply of cannabis for recreational sales come February. However, already established dispensaries will have the option to apply for recreational sales, and many owners of these businesses say they are ready for recreational sales now with plenty of cannabis in stock.

The New Jersey cannabis legalization bill also allows for delivery, distributors and wholesalers in the recreational cannabis industry. However the Commission has yet to establish the rules for guiding these license types, and a date to begin applications has not been set.

When applications for businesses begin, women-, veteran- or minority-owned businesses will have priority. If an applicant has been arrested for marijuana or lives in a municipality with disproportionate rates of marijuana arrests or is economically disadvantaged, they too have priority. Additionally the rules allow priority for micro-businesses, or those with 10 employees or less.

The Commission will hold an informational webinar on November 30 for those who want to apply for licenses. The Commission has also heard comments on labeling for cannabis products, as well as invited testimony regarding cannabis edibles.