Businesses looking to get into the cannabis industry in New Jersey are one step closer. The state will begin accepting applications for dispensary licenses on March 15. The Cannabis Regulatory Commission says it will review applications as soon as they come in, with the goal of approving conditional licenses in about 90 days.
Jeff Brown, executive director of the commission, said priority will be given to “social equity” businesses. “Those are businesses that are either owned by individuals who have past marijuana convictions or individuals from economically disadvantaged ZIP codes throughout the state,” Brown said.
