Hundreds of entrepreneurs have indicated they plan to apply for cannabis licenses in New Jersey. The Cannabis Regulatory Commission began accepting applications on Wednesday for cannabis cultivators, manufacturers and testing labs. As of 9 p.m. Wednesday, 745 accounts had been created and 165 applications had been submitted.
Under the commission’s rules, businesses owned by women, minorities and disabled veterans will be prioritized during the review — along with businesses owned by individuals with past cannabis convictions and those located in economically disadvantaged areas. Once chosen by the commission, the licensees will provide the supply for retailers, who will start applying for their licenses in March of next year.
