Today, June 3, on the heels of the New Jersey Assembly and the New Jersey Senate approving the revised medical cannabis bill, known as A10, the New Jersey Department of Health (“DOH”) Division of Medicinal Marijuana issued a Request for Applications (“RFA”) to operate up to 108 additional Alternative Treatment Centers (“ATCs”). » Read More
Applicants for the six additional vertically-integrated ATC facilities have been waiting months to find out if their applications would be successful. After combing through 146 applications and over 43,000 pages of application materials, the New Jersey Department of Health has announced the following winners:
North Jersey: NETA NJ LLC (Phillipsburg) and GTI New Jersey (Paterson)
Central Jersey: Verano NJ LLC (dispensary in Elizabeth and cultivation in Rahway) and Justice Grown (Ewing)
South Jersey: MPX New Jersey (dispensary in Atlantic City and cultivation in Galloway) and Columbia Care New Jersey (Vineland)
It is not surprising that the successful applicants will be operating in highly-populated municipalities, most of which are in need of economic stimulus.» 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