New Jersey Cannabis Regulatory Commission Approves Conditional Adult-Use Licenses, Delays Sales Launch

New Jersey Cannabis Regulatory Commission Approves Conditional Adult-Use Licenses, Delays Sales Launch
Cannabtimes

<![CDATA[New Jersey’s cannabis regulators took one step forward and one step back at their March 24 meeting.The Cannabis Regulatory Commission (CRC) approved 68 conditional adult-use cannabis cultivation and manufacturing licenses Thursday but delayed the approval of eight medical cannabis dispensaries that want to expand to serve the broader adult-use market, according to an NJ.com report.Allowing the medical cannabis retailers to sell to adult-use consumers would allow New Jersey to launch its commercial adult-use market next month, whereas the conditional licensees—50 growers and 18 manufacturers—are not expected to launch operations until this fall.CRC Executive Director Jeff Brown said that the decision to allow the medical dispensaries to expand was put on hold because commissioners want to see plans for how the retailers can accommodate both medical patients and adult-use customers at their locations, according to NJ.com.Brown estimated that the medical cannabis dispensaries may be short by 100,000 pounds of product to meet both medical and adult-use demand.“We may not be 100 percent there today, but I assure you we will get there,” Brown said. “We have a few things to address, and when we address them, I’m happy to return to this body with a further update.”Brown added that the CRC’s goal is to work with the industry to ensure that the state’s medical cannabis retailers are ready to launch adult-use sales, and that regulators will allow the dispensaries to expand as soon as possible.The commission plans to conduct site visits of the medical retailers in the next few weeks, NJ.com reported, and regulators want the dispensaries to have separate entrances and lines for medical patients and adult-use customers.Commissioners also want the retailers to commit to hiring people with past cannabis-related arrests or those from disadvantaged areas, according to the news outlet.The CRC’s next scheduled meeting was slated for May 24,…

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Source : New Jersey Cannabis Regulatory Commission Approves Conditional Adult-Use Licenses, Delays Sales Launch

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