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NJ revokes Harmony’s licenses to grow, manufacture recreational cannabis
“The rash decision that was taken is an alarming wake up call to the New Jersey entrepreneurs that are seeking to work within the confines established by state regulators to further grow the cannabis industry,” said Harmony CEO and founder Shaya Brodchandel.
Eastern Green Dispensary opens in Camden County (slideshow)
The medicinal cannabis shop is offering several specials through the end of June.
Family-owned cannabis dispensary set to launch in Montclair
Steve and Patty Steele Kushner plan to open a themed outlet that celebrates the deep-rooted connection between the plant and music.
Cannabis advocate blazing new trails (updated)
With the upcoming opening of Simply Pure Trenton, Tahir Johnson will become the first entrepreneur with a cannabis-related conviction to own and operate a legal adult-use dispensary in New Jersey.
CRC launches redesigned ‘Find A Dispensary’ online tool
As of April 13, the Cannabis Regulatory Commission has issued 98 annual awards, including 51 for retailers that will operate as recreational-only outlets.
New cannabis dispensaries opening in Central, South Jersey
In addition to the state’s first non-conversion, exclusively recreational store, a medical outlet is also starting sales.
Ivy League student-athlete alumni to launch New Brunswick dispensary
The founders of Earth & Ivy are using their experience mixing cannabis and sports recovery to help destigmatize its use while providing customers of all demographics with access to high-quality products and education.
Voorhees Twp. medicinal dispensary adds recreational cannabis sales
Multistate operator Sweetspot Brands began adult-use sales May 11.
New law permits NJ cannabusinesses to claim state tax deductions (updated)
According to Section 280E of the IRS code, cannabis-related ventures are blocked from deducting typical business expenses on state and federal returns since marijuana is classified as a Schedule I narcotic by the federal government.
Valley Wellness starts recreational cannabis sales
The state's first independently owned dispensary, the store is the second to launch in Somerset County and one of the few ventures not run by a multistate operator.
CRC reports cannabis sales hit $132M in Q4 2022
The quarter saw a 13% increase from revenue generated from June through September.
NJ CannaBusiness Association president DeVeaux steps down
According to the trade industry association, Edmund DeVeaux “has accepted another position within the state,” but will remain an active board member, lending his voice and policy experience to NJCBA.
