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Tuesday, nov 26
Tag:
Cannabis Regulatory Commission
News
4/20 Is Last Day Curaleaf Can Sell Recreational Marijuana At 2 NJ Locations
A major marijuana company will be forced to scale back its recreational marijuana sales to just one of its three New Jersey locations. The state Cannabis Regulatory Commission declined on Thursday, April 13 to renew the retail and cultivation licenses for Curaleaf, a self-described "vertically integrated cannabis operator" with a presence in 21 states, according to its website. "All Curaleaf’s dispensaries have active permits to sell medicinal cannabis," the CRC explained to Daily Voice in a statement. "Their dispensaries in Bellmawr and Edgewater Park are licensed and permitte…
Business
North Jersey Cannabis Dispensary Gains State Approval For Legal Weed Sales: Report
Another location of a North Jersey cannabis dispensary has gained state approval to begin selling marijuana to adults. In a 3-2 vote on last week, the state's Cannabis Regulatory Commission voted for the sales expansion of Ascend Wellness in Fort Lee, NJ Advance Media reports. In August, the company began selling recreational marijuana out of its Montclair location, and its Rochelle Park began doing so in April. The Fort Lee shop opened last month and must finish a municipal process before it can launch sales. "New Jersey is already showing signs of a booming adult-use market, and Ascend …
News
NJ Lawmakers OK Legal Pot Under 6 Ounces, Just Needs Murphy's Signature
Doobie, doobie, done: New Jersey lawmakers were in a Garden State of mind when they approved an historic bill Thursday that sets rules and regulations for recreational pot sales. All it needs to become law is Gov. Phil Murphy’s signature and a mechanism to oversee ganjapreneurs. If the governor signs off, 70% of the state sales tax revenue from pot purchases and a tax on growers in New Jersey will be directed to minority Garden State communities ravaged by drugs. The State Legislature also approved a bill ending arrests for possessing less than six ounces of marijuana or selling up …