New Jersey Cannabis
Get Started Now to Pursue Medical Marijuana Opportunities in New Jersey
New opportunities are available for cannabis entrepreneurs and investors in New Jersey. A recent push to legalize adult-use through the state legislature failed, but the medical marijuana program is expanding. The state released a Request for Applications (RFA) for 24 new licenses in the summer of 2019, and we expect another round of medical marijuana licensing applications to be released in early 2020.
Entrepreneurs interested in applying for a business license or expanding a current cannabis business in New Jersey should start developing their business plans now to gain a competitive advantage and be able to submit a complete, compelling narrative.
Contact us today for guidance on how to get prepared if you want to pursue a competitive medical marijuana license in New Jersey.
Cannabis Business Guidance in New Jersey
The governor of New Jersey has been outspoken that his eventual goal is to expand beyond medical marijuana to an adult-use program, making New Jersey one of the most talked-about cannabis markets in the industry.
Taking the time to put together a financial model, facility design, and business plan now will help position you to raise capital, secure properties, win local approval, and recruit potential team members.
Market Conditions in New Jersey
The motivation in the state, fueled by building the tax base, will likely result in broad cannabis regulations that could be modeled after Colorado’s structure.
Stay up-to-date on medical marijuana in New Jersey
Cannabis legalization is constantly changing, and Canna Advisors can help your cannabis business evolve and adapt to successfully navigate the New Jersey regulations. For the latest news and events in the industry, visit our Blog and News and Events pages, and have a look at some of the following top articles on medical marijuana in New Jersey.
Jay Czarowski, Founder Partner at Canna Advisors, is a member of the Board of Trustees of the New Jersey Cannabis Industry Association (NJCIA).
Jay brings his proven cannabis industry and entrepreneurial success to help shape the emerging industry and position the state's program for success.
A smarter, more strategic approach to New Jersey cannabis business licenses
Lean on our proven expertise and unparalleled track record to successfully secure your New Jersey cannabis license.