So, you’re considering applying for a marijuana retail license after the recreational adult use law is passed in New Jersey. The current version of Senate Bill No. 2703 (August 30, 2018) has several conditions that an applicant for a marijuana retail license must meet in order to have any chance of its application being approved.» Read More
Cannabis is trending in the beauty and wellness industry. More and more companies are infusing hempseed oil and CBD derived from hemp in salves, lotions, creams, oils, extracts, and lip balms, among other products. Although the industry is taking off, the legal framework lags behind the expansion of the industry and broad acceptance of consumers to purchase these products. » Read More
In advance of the anticipated state legalization of recreational adult use marijuana, several North Jersey municipalities plan to adopt ordinances banning all marijuana businesses from operating within their borders. The recreational adult use marijuana bills currently being debated, which could be signed into law as early as this fall, empower local governments to decide whether they want to allow marijuana businesses to operate in their communities.» Read More
In my last post, I discussed how there can be federal barriers preventing certain businesses from entering the cannabis industry, despite state legalization. Here, we discuss the importance of considering local laws.
Just like other businesses, one of the biggest, and most important, challenges a cannabis business may face is identifying a suitable location to operate. » Read More
New Jersey Attorney General Gurbir Grewal recently announced that all marijuana cases in municipal courts be adjourned through at least September and that has many people hopeful that New Jersey’s legalization of medical and recreational marijuana is forthcoming. If the legalization does happen, it will have a significant impact on many industries; and not just those one traditionally thinks of to be in the cannabis business.» Read More