New Jersey lawmakers on Thursday approved legislation to regulate and launch an adult-use marijuana market next year that’s expected to become the largest on the East Coast with sales approaching $1 billion in a few years.
New Jersey lawmakers pass bil…
New Jersey Medical Cannabis Business & Marijuana Legal News
New Jersey lawmakers agree on recreational marijuana legalization bill
Legislative leaders and New Jersey Gov. Phil Murphy said they agreed to a compromise to establish the state’s recreational marijuana market, and a vote on the implementation bill is expected Dec. 17. The compromise includes these points, accordin…
Cannabis MSO Acreage inks $12 million loan to expand Illinois operation
Multistate cannabis operator Acreage Holdings said Wednesday it has agreed to a $12 million construction loan to complete the expansion of its cultivation and processing facility in the fast-growing Illinois market. The financing is from The Pelorus Fu…
New Jersey court tosses medical cannabis licensing issue back to state
A court ruling in New Jersey could prompt regulators to resolve some of the lingering litigation over medical cannabis licensing in advance of the launch of a recreational marijuana program in the state.
New Jersey court tosses medical cannabis licensi…
Growing markets lift multistate cannabis operator earnings as many MSOs turn the corner
Publicly traded multistate cannabis operators generally enjoyed robust third-quarter financial performances, bolstered by sizzling sales growth during the coronavirus pandemic and a focus on state markets that are growing.
Growing markets lift multista…
Election underscores voter shift in favor of marijuana legalization
An analysis of votes cast for marijuana ballot measures in 2020 shows that while voters remain divided over legalization based on political affiliation and geography, the overall electorate has shifted in favor of accepting both medical and adult-use c…
New Jersey recreational cannabis bill advances, but differences remain
Two key New Jersey legislative budget committees advanced a recreational cannabis implementation measure, but differences in the Assembly and Senate versions must be resolved before a full-floor vote. New Jersey lawmakers are moving rapidly since resid…
Newly legal states offer marijuana growers fresh opportunities, but some greener than others
The legalization ballot measures that voters approved on Nov. 3 created cannabis markets in five U.S. states – Arizona, Mississippi, Montana, New Jersey and South Dakota – and while the rules and regulations are still yet to be ironed out, some of the …
New Jersey medical marijuana applicants seek to break legal impasse
A group of unsuccessful medical marijuana license applicants is trying to compel New Jersey officials to settle a case that continues to stall program expansion in advance of an adult-use market in the state.
New Jersey medical marijuana applicants see…
Marijuana regulators across US to share best practices, offer advice
Marijuana regulators from 19 states have established a nonpartisan organization to share best practices and industry knowledge. The Cannabis Regulators Association (CANNRA) also will assist federal, state and local authorities that have approved or are…