After voters in New Jersey legalized adult-use cannabis last week, the state has already made progress to establish rules. On Friday, November 6th, the governor announced appointments to the Cannabis Regulatory Commission.
Progress Since Election
Now that adult-use cannabis is legal in New Jersey (as of November 4th), state officials have gotten to work by appointing members to the Cannabis Regulatory Commission. This group will provide oversight to the marijuana marketplace in New Jersey. Here’s a few key takeaways about the next moves for beginning New Jersey’s adult-use industry:
- Sales will be taxed at the local and state level.
- The chair of the commission will be Dianna Houenou, and the executive director will be Jeff Brown. Krista Nash will also serve as a member of the committee, according to the governor.
- Governor Phil Murphy said he looks “forward to continuing our work with the Legislature to pass enabling legislation that will set up the necessary regulatory framework to adult-use marijuana”. He also says that legalizing marijuana is also a matter of social, economic, and racial justice.
Next Steps For New Jersey Applicants
New Jersey is moving quickly to open up the adult-use market. They already have the framework for medical regulations and are pushing forward to get rules in place to open up cultivation, transport, and dispensary businesses. Get your team together, and contact Canna Business Services to gain help getting the highest level of certainty of getting your New Jersey application approved. Read about our application process, and find success in the cannabis industry by booking our consultation services online.