New Jersey Regulators Delay Launch of Recreational Pot Sales

New Jersey Regulators Delay Launch of Recreational Pot Sales
High Times

New Jersey regulators last week declined to award retail cannabis licenses to eight medical dispensaries seeking to sell adult-use cannabis, delaying the expected launch of recreational pot sales in the state for at least weeks. The delay, which reportedly surprised cannabis industry insiders, came less than a month after New Jersey Gov. Phil Murphy said that recreational sales were expected to begin “within weeks.” At a meeting of the state’s Cannabis Regulatory Commission (CRC) on Thursday, executive director Jeff Brown said that the agency wants the eight alternative treatment centers (ATCs), as medical cannabis dispensaries are called in New Jersey, to submit plans specifying how the businesses will ensure there is enough cannabis for patients when recreational sales begin. “We may not be 100% there today, but I assure you we will get there,” Brown said on March 24, as quoted by NJ.com. “We have a few things to address and when we address them I’m happy to return to this body with a further update.” The commission then voted 5-0 to table the recreational sales licenses for the eight businesses until a later date. Ensuring a Supply of Cannabis for New Jersey Patients Brown said that the commission is concerned that the dispensaries will not have enough cannabis for medical patients, estimating that the market could be short up to 100,000 pounds of cannabis to meet the needs of both recreational customers and patients. Brown added that the CRC would conduct site visits to the applicants to make sure that they will be able to handle the new influx of customers, noting the commission wanted the businesses to have separate entrances and service lines for patients and recreational customers. “Our goal is to work with the industry and the industry to work with us so at the very next…

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