New Jersey Exceeds Slated Cannabis Licenses to Minority- or Women-Owned Companies

CANNANNEW REPORT

Ganjapreneur reports.. The New Jersey Cannabis Regulatory Commission last week licensed 14 new minority- or women-owned medical cannabis businesses. The licenses were part of a 2019 application round that was delayed by a lawsuit. The New Jersey Cannabis Regulatory Commission last week licensed 14 new medical cannabis businesses after a lawsuit brought the process to a standstill for more than two years, ROI-NJ reports. The licenses were part of a 2019 application round, which included about 200 applicants. All of the businesses approved last week are certified minority- or women-owned and 10 of the awarded licenses were for cultivation — twice what was originally planned by the commission. The increase is likely due to the passage of adult-use cannabis laws in the state and the need to increase cultivation capacity for eventual retail sales. Read more New Jersey Exceeds Slated Cannabis Licenses to Minority- or Women-Owned Companies

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Source : New Jersey Exceeds Slated Cannabis Licenses to Minority- or Women-Owned Companies

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