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It’s uncertain when or if they’ll start accepting applications again, certainly not until the legal issues with the 2019 license round are resolved. Recreational Dispensaries. Now recreational marijuana is expected to be legal in New Jersey too, thanks How to get a Medical Marijuana dispensary license in New Jersey Establish the business type and business plan for your cannabis dispensary. According to the “New Jersey Compassionate Use Medical Marijuana Act” the first two Alternative Treatment Centers (Medical Marijuana Dispensaries) in each of the regions of the state (northern, central, and southern) shall be nonprofits entities.

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The legislation will now be sent to Democratic Gov. Phil Murphy, who is expected to sign the bill. Once that happens, New Jersey cannabis businesses will be able to offer recreational weed within six months. New Jersey shares its borders with a number of states who have yet to legalize recreational marijuana. Most notably is New York, boasting a population of almost 20,000,000 residents.

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The laws signed allow the possession and use of marijuana by anyone over 21 years Taxes on Marijuana in New Jersey Taxes on Recreational Marijuana in New Jersey. Recreational cannabis will be subject to the state sales tax of 6.625% and up to 2% added by local governments. Taxes on Medical Marijuana in New Jersey. Currently, New Jersey is working on a tax phase-out across the state.

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This advertisement is for customer reference only and has no value and is not intended to be exchanged for any product. New Patients Welcome to Garden State Dispensary! For new patients visiting any of our facilities for the first time, please click here to complete the required new patient paperwork and schedule a first time counseling session. After New Jersey residents voted in support of marijuana decriminalization, Gov. Phil Murphy is taking the reins. Here's how buying marijuana in New Jersey will change. New Jersey just recently legalized recreational marijuana in the November 2020 election.

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2020-06-16 Your information & advocacy center for New Jersey's Cannabis Industry. A non-profit organization promoting jobs and sustainable growth in the growing medical & recreational marijuana business. (609) 257-8902 | 172 West State Street, Trenton, NJ 08608 | The New Jersey CannaBusiness Association. 2020-11-05 New Jersey Medical Marijuana Cultivation License Guidelines. As the program was established in 2010, a vertically-integrated Alternative Treatment Center license authorized a licensee to cultivate, process, and dispense medical marijuana for registered patients.The state awarded six ATCs in 2011, and an additional six ATCs in 2018. 2020-12-17 Residents of New Jersey, aged 21 and above can apply for a business license, either alone or in partnership with someone. In order to open a recreational cannabis dispensary, one must apply for a Class 5 Cannabis Retailer license, issued by the CRC. Find medical and recreational marijuana dispensaries, weed delivery services and marijuana doctors in New Jersey, United States 2020-12-19 New Jersey voters approved a ballot measure, that legalized the use and possession of recreational marijuana in the state effective January 1, 2021.Enabling legislation and related bills were signed into law by Governor Phil Murphy on February 22, 2021.
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The new laws allow recreational marijuana stores to open 180 days after Gov. Murphy signed them into law. That’s this Aug. 27. New Jersey Gov. Phil Murphy (D) today signed a series of laws that legalizes the possession of marijuana for recreational use. Adults 21 and older can possess 6 ounces of cannabis. Is Marijuana in New Jersey Legal for Medical or Recreational Use? If you're wondering now if it is legal for you to buy marijuana from New Jersey marijuana dispensaries and stores, you are not alone.

Prentice-Hall, Englewood Cli s, NJ. King, A. (2001).
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Newark, NJ listings 2021-04-14 2020-12-23 Marijuana Business Daily projects the recreational market in New Jersey to be at 1.2-1.5 billion by 2023. This would make New Jersey one of the largest cannabis markets in the country. With 9 million residents, millions of visitors, higher income, it’s evident this will be a hot market to start a cannabis business.

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The 2019 Marijuana Business Factbook projects the New Jersey Medicinal Marijuana market will reach $95 million-$120 million in sales, up from $50 million-$60 million in 2018.