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Home»Business
Business

New Jersey Introduces Resources for Understanding Local Cannabis Regulations

May 24, 2024No Comments3 Mins Read
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The New Jersey Cannabis Regulatory Commission (NJ-CRC) has unveiled a new Governmental Relations page on its website to assist in navigating the patchwork of local cannabis laws in the state. With over 60% of municipalities opting out of having cannabis businesses, the site features a searchable chart of municipalities that have opted into New Jersey’s adult-use cannabis market, making it easier to filter locations based on business classes allowed.

The NJ-CRC’s Acting Executive Director, Chris Riggs, emphasizes that the government relations webpage is a valuable resource to help cannabis business license applicants navigate local municipalities’ opt-in status regarding cannabis business license classes. The goal is to provide entrepreneurs with equitable access to relevant information and facilitate an informed application process. With the Cannabis Regulation, Enforcement, and Market Modernization Act allowing for municipal rule, municipalities can choose to opt in and regulate the types of cannabis businesses allowed in their jurisdictions.

Chief-of-Staff Jesus Alcazar emphasizes the commission’s commitment to providing resources for local municipalities, leaders, and legislators to make informed cannabis-related policy decisions. The new webpage aims to provide free, fair, and equitable access to information for all parties involved. However, with just 208 of New Jersey’s 564 municipalities currently participating in the adult-use cannabis market, it is important to note that the information on the site may not be entirely accurate due to the dynamic nature of the cannabis industry.

The search table data on the website is a work in progress, compiled using self-reported information from municipalities and reviews of municipal websites. Prospective cannabis business license holders are advised to contact municipalities directly for the most current and accurate information regarding adult-use cannabis business license ordinances and laws. Furthermore, the NJ-CRC announced in August that a portion of the state’s adult-use cannabis revenue will fund violence prevention programs, highlighting how cannabis earnings can drive positive change in society.

Governor Phil Murphy and Attorney General Matthew J. Platkin announced that part of the revenue from legal marijuana sales in New Jersey will support a grant initiative focused on stopping and preventing violence within the state. With $15 million available as grants to community organizations, $5 million comes from New Jersey’s Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Fund. This fund aims to invest in communities most impacted by marijuana prohibition, utilizing funds collected through taxes on legal marijuana sales, industry fees, and fines.Overall, the new Governmental Relations portal provides a valuable tool for understanding the evolving landscape of New Jersey’s cannabis market and navigating local regulations effectively.

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