New Jersey

Thu
15
Apr

Cannabis Real Estate Boom In the Northeast

Real estate is one of the more difficult aspects of the cannabis industry. Securing a license is tough but getting your location is even tougher. Each state has different regulations and restrictions, which combined with unique real estate markets makes finding and securing property essential. It’s an expensive endeavor and one in which traditional mortgages aren’t typically an option. 

This presentation will focus on the New England and New York area cannabis real estate markets. It will cover the following states: Maine, Vermont, New Hampshire, Connecticut, Massachusetts, New York, New Jersey, and Pennsylvania. 

Wed
14
Apr

Medical marijuana patients just got huge win as N.J. court says company must pay injured worker’s bills

The New Jersey Supreme Court dealt medical marijuana patients a big victory Tuesday, ruling unanimously that a construction company must pay for an injured employer’s medical cannabis bills.

 

The decision upheld an Appellate Division ruling from January 2020. That court said Vincent Hager’s former employer, M&K Construction, must foot the monthly bill for medical marijuana he uses to treat injuries he sustained on the job in 2001. As of early 2020, those costs were about $616 a month, according to court documents.

Mon
12
Apr

A Look at the Rise Of The East Coast Cannabis Market

The rise of the East Coast cannabis market gained another foothold in late March 2021 when New York became the most recent state to legalize adult use cannabis, joining ranks with other Atlantic stalwarts, including New Jersey, Maine, Massachusetts, Vermont, Virginia and Washington, D.C.

Fri
09
Apr

States Keep Repeating the Same Mistake With Marijuana Legalization

In the 50 years since President Richard Nixon initiated the war on drugs, politicians of both major parties have endorsed aggressive police tactics and harsh punishments to combat substance abuse, and minority communities have disproportionately suffered. Black Americans are several times more likely than whites to be arrested for low-level marijuana offenses, despite comparable usage rates.

Mon
05
Apr

'The race is on' in NY vs. NJ marijuana legalization: Where can you buy legal weed first?

The race is on!

Just over a month after New Jersey became the 13th state to legalize marijuana for recreational purposes, New York Gov. Andrew Cuomo signed a marijuana legalization bill into law Wednesday, crowding the legal weed market in the Mid-Atlantic before it even gets off the ground. 

Mon
15
Mar

Marijuana Is Legal In NJ. But Can Towns Still Ban It?

Marijuana is legal in New Jersey, but that doesn't mean you'll be able to buy it in your hometown.

When state lawmakers crafted the legalization bill, they left room for individual municipalities to ban or limit the number of cannabis businesses operating in their communities. This includes dispensaries, delivery services and cultivators.

An NJ.com report found more than 70 towns with municipal ordinances already in place, but all of them will have to craft, vote on and pass a new one if they plan on banning marijuana businesses under the new law.

Tue
09
Mar

New Jersey Governor Considering Change In Law Regarding Underage Cannabis Use

woman in the dark smoking

New Jersey Gov. Phil Murphy indicated this week that he is in favor of a change to the state’s new marijuana law that would allow law enforcement to notify parents of an underage individuals’ first-time pot offense. 

Speaking at a press conference on Monday, the Democrat said he’s receptive to the tweak to the law he signed late last month.

Fri
05
Mar

Recreational marijuana is legal in N.J. What happens now?

cannabis worker amongst marijuana plants

Recreational marijuana is finally legal in the Garden State.

After a failed bid to pass recreational marijuana in the state legislature, a statewide ballot question overwhelmingly approved by voters, and then disputes over how the new system would look, Gov. Phil Murphy signed three new laws last month effectively legalizing weed for personal use.

But what does that mean? Many aspects of this new paradigm — from the legal marketplace to the implications for policing to the expungement of past convictions — remain hazy.

Here’s what we know and don’t know yet about the state of legal cannabis in New Jersey:

Thu
04
Mar

This Is How Much It Costs to Get Marijuana Delivered in NJ

hands holding out empty wallet

New Jersey’s recreational marijuana market is now voter-approved and in effect under legislation signed last month by Democratic Gov. Phil Murphy.

Only those 21 and older can legally possess and use the drug. But there are a lot of ins and outs to think about; see what you can and can't do right here.

Tue
02
Mar

Minority entrepreneurs get boost for major N.J. cannabis industry event

hand holding out cannabis

New Jersey’s cannabis business community is eager to roll up its sleeves and get to work now that laws are in place and the regulatory body to govern it has been seated. And while many business questions abound as to how the marketplace will unfurl, how the state’s social equity provisions will take shape continues to be at the heart of much of the conversation.

New Jersey is among a handful of states that recently legalized cannabis and made social equity a core requirement of market rollout.

Pages

Subscribe to RSS - New Jersey