NJ Cannabis Webinar Provides Key Insights on Licensing Process, Equity, Municipalities

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WEBINAR BONG SCORE We apply our entirely subjective  bong score to each event 1 Don’t Bother Unless You Need A Well Deserved Sleep 2 You Might Learn Something But We Hope You Didn’t Pay For It 3 This is really something, interesting presenters, well worth the money, and i actually will learn something BLURB The much-anticipated October 13 Recreational Cannabis Statewide Information Webinar presented by New Jersey’s Cannabis Regulatory Commission (CRC) provided critical information on the state’s adult-use cannabis program, including key insights into the license process, the power of municipalities to influence what happens on the ground in their communities and the importance of equity and inclusion. More than 1,100 people tuned in to the two-hour webinar, a recording of which will soon be posted to the CRC website. Executive Director Jeff Brown, Chair Dianna Houenou, and Vice Chair Sam Delgado covered essential points concerning New Jersey’s 160-page Adult-Use Cannabis Rules, which were released on August 19, 2021. The webinar delivered pertinent information for those interested in applying for New Jersey adult-use cannabis business licenses, providing an overview of the initial rules, basic application requirements, expectations for CRC background investigations; what business can do to prepare for applications; Management Service Agreements and Financial Source Agreements; expectations for neighborhoods with cannabis; and CRC’s next steps. Interestingly, the CRC spoke candidly and emphasized a few key points: The License Process The classes of cannabis businesses encompass: Class 1: Cultivators Class 2: Manufacturers Class 3: Wholesalers Class 4: Distributors Class 5: Retailers Class 6: Delivery Testing Laboratories The CRC did not spend equal time discussing each license application type. Instead, presenters focused on categories of license applications that will need to be issued first to ensure the successful deployment of the program (i.e., Cultivators, Manufacturers, Retailers), providing little detail on Wholesalers, Distributors, Delivery…

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Source : NJ Cannabis Webinar Provides Key Insights on Licensing Process, Equity, Municipalities

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