COMING SOON TO NEW JERSEY: CANNABIS DELIVERY

Cannabis delivery services will soon be popping up across New Jersey after the Cannabis Regulatory Commission (CRC) announced plans to start accepting license applications Sept. 27 for delivery businesses.The Class 6 Cannabis Delivery license allows licensees to transport retail-purchased cannabis products to consumers’ homes.Sept. 27 also marks the opening of the application process for adult-use cannabis wholesale and distribution licenses. A Class 3 Cannabis Wholesale license allows licensees to store, buy and sell bulk cannabis products, while a Class 4 Cannabis Distribution license allows licensees to transport bulk cannabis products among state-licensed cultivators, manufacturers and retailers.Licensing priority for all three license types will be given to designated social equity and diversely owned business applicants during an initial 90-day application period, which runs Sept. 27 through Dec. 26. A second 90-day application period for these applicants will run from Dec. 27 through March 26. On March 27, the application process opens for all other applicants.“The launch of these new cannabis business license classes represents a significant step in the continued growth and diversification of New Jersey’s cannabis industry,” CRC Chairwoman Dianna Houenou said in a public statement. “We now have more medicinal and recreational businesses open, so applicants for these additional license classes have a more robust industry to serve. We are committed to fostering inclusivity, empowering local communities, and providing opportunities for those typically underrepresented who want to enter the cannabis industry.”The CRC hatched the plan to issue cannabis delivery, wholesale and distribution licenses to social equity applicants at its June 1 meeting, where Commissioner Charles Barker said not enough has been done since New Jersey’s adult-use market launched in April 2022 to help entrepreneurs who have been impacted by the war on drugs, according to the New Jersey Monitor.“Based on our current framework, I don’t believe social equity businesses—those most harmed by the failed war on drugs, that represents the people and communities that we want to see in the game—they’re not seeming to make it through the process to be considered for an award, let alone open up a business,” Barker said at the meeting.CONTINUE READING THE FULL ARTICLE HERE

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CRC launches new initiatives as NJ cannabis market takes hold