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N.J.’s cannabis business community gathers as state readies permits to grow and sell

As another medical marijuana dispensary opened Friday in New Jersey — and two more slated to open in the coming weeks — the state’s Cannabis Regulatory Commission hinted earlier this week that 24 new medical licenses may be awarded sooner than later. For nearly two years, a lawsuit shutdown the review process for more than 150 applications …

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New Jersey Cannabis Licenses for Adult Recreational Use

New Jersey, with a population of nearly 9 million people, has become the epicenter of the East Coast’s green rush. Investors, businesspeople, professionals, operators, pharmacists, physicians, and entrepreneurs are all eyeing the adult-use industry in New Jersey, which is expected to be worth a billion dollars. Many who live in New York City (8.4 million …

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Weed Legalized In NY & NJ This Year, But There’s One Big Difference

NY & NJ have now legalized marijuana. But while New York’s law allows residents to grow up to six marijuana plants at home, in New Jersey, cultivating 10 plants in your basement could get you 20 years in prison. A ban on “home grow” is an outlier in the Garden State. Allowing residents to cultivate a limited …

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New Jersey Officially Legalized Marijuana Bill: Here’s What to Expect

After 3 years in office, Governor Phil Murphy finally signed and approved the Bill to Legalize Marijuana. Here’s what we know so far! Where can you Purchase Medical Marijuana Legally? There are currently already 13 Medical Marijuana Dispensaries operating in New Jersey. Once these dispensaries can prove they have enough inventory. There will be enough …

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HeadyNJ: CBD Products Available at New Scarlet Reserve Store in South Amboy

The Scarlet Reserve boutique store recently opened in South Amboy on Rt. 35 North with a great variety of CBD products and those derived from hemp. Owned by partners Will Rivera and Eric Jiang, it currently carries both full and broad-spectrum CBD (full spectrum means it has .3 percent THC as well as CBD and …

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Sundial Cannabis Hyped On r/WallStreetBets

CANNABIS CULTURE –  Are they headed for a peak or a cliff? Head-quartered in the Rocky Mountain foothills of Calgary Alberta, Canada — Sundial Cannabis Growers — has been named to the subreddit r/WallStreetBets prestige list of “meme-stocks” by popular redditor Swaggy Stocks.  In the past, the company’s total assets have been listed as high as $1 billion and …

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It’s 2021: Is Marijuana legal in New Jersey – or is that just a pipe dream?

New Year’s Day was the date of what was billed to make marijuana legal in New Jersey that was approved by voters last November. But there was considerable confusion over the exact legal status of the weed. The sign Ed Forchion erected over his coffeehouse/pot dispensary in Trenton cleared that up for all to see. …

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NJ marijuana ‘framework’ bill heads to full legislative vote this week

TRENTON – A bill to establish the NJ marijuana framework has cleared one of its last hurdles and will head to a full legislative vote on Thursday. The Assembly Appropriations Committee on Tuesday approved the Cannabis Regulatory, Enforcement Assistance, & Marketplace Modernization Act by a 7 to 4 vote along party lines. With Democrats voting in favor and Republicans …

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New Jersey Voters Approve Legalization Ballot Question

New Jersey voters have overwhelmingly decided in favor of Question 1, which calls for amending the state constitution in a manner of legalizing the adult use possession, production, and sale of marijuana to those age 21 or older. NORML Executive Director Erik Altieri said: “Garden State voters spoke resoundingly. They are demanding their lawmakers end the …

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