Since the New Jersey Cannabis Regulatory Commission’s business license application portal opened on Dec. 15, 226 applications have been completed, paid for and submitted as of Dec. 23, according to CRC spokesperson Toni-Anne Blake.
The CRC reported by 1 p.m. on Dec. 15 that more than 500 accounts had been established on the portal, including applications for cultivators, manufacturers and testing labs. At the time, the CRC reported that the application platform was averaging 155 new users per hour.
The New Jersey Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act sets a 90-day review goal for business applications, but gives the CRC authority to take more time if necessary.
“Our goal is to get to a 90-day completion of initial review, but as we noted in our pre-application webinar we do not expect we will meet that in the early days, particularly given the number of applications we have received,” Blake told NJBIZ.
