Featured Image

New Jersey Cannabis Consultants | New Jersey State Cannabis Licensing Requirements

Dispensary  • Cultivation  • Infuser • Transport • Testing Facility • Microbusiness • Cannabis Clubs

SCHEDULE A FREE CONSULTATION

NEED ASSISTANCE GETTING A CANNABIS BUSINESS LICENSE? WE CAN HELP.

fetaured image
For All States, Proper Corporate Structuring Is A Requirement to Operate. Proper Corporate Structuring Includes… Business Entity CreationArticles of IncorporationLLCS
Looking to Get A Cannabis Business License? We Offer Full Service Cannabis Business Licensing Application Assistance in Your State.
Featured Image
Operations Manuals, Security Manuals, Marketing Plans, Inventory? Staffing? Community Outreach Plan? You Need Required Manuals for Your Submission? We’ve Got
Featured Image
Investment Capital and Fundraising Services Do you and Your Company NEED to raise Capital for your project? Are you confused
Featured Image
Whether Your Company Is Retrofitting and Existing Building or Building from The Ground Up…. Facility Layout for Any Business Model.
Featured Image
With So Many People Jumping on The Seemingly Neverendingly Lucrative Cannabis Business Bandwagon, We Cannot Stress How Important It Is

When are Cannabis Business License Applications Open in New Jersey

This amendment will take effect on January 1st, 2021. The Cannabis Regulatory Commission, once established, may create additional regulations to make effective the provisions of the amendment.

Types of Cannabis Business Licenses to Become Available in New Jersey

Microgrower License in New Jersey

  • You can apply for a microgrower license type if:
  • Employ no more than 10 employees;
  • Operate a cannabis establishment occupying an area of no more than 2,500 square feet, and in the case of a cannabis grower, grow cannabis on an area no more than 2,500 square feet measured on a horizontal plane and grow above that plane not higher than 24 feet;
  • Possess no more than 1,000 cannabis plants each month, except that a cannabis distributor’s possession of cannabis plants for transportation shall not be subject to this limit;
  • Acquire and process each month, in the case of a cannabis processor, no more than 1,000 pounds of cannabis in dried form;
  • Acquire for resale each month, in the case of a cannabis wholesaler, no more than 1,000 pounds of cannabis in dried form, or the equivalent amount in any other form, or any combination thereof; and
  • Acquire for retail sale each month, in the case of a cannabis retailer, no more than 1,000 pounds of cannabis in dried form, or the equivalent amount in any other form, or any combination thereof.

Number of Business licenses allowed for the Cannabis industry in New Jersey?

New Jersey didn’t set a statewide capped number of licenses, contrary to many other states in the United States like Illinois and Arizona.

Although it does not have a statewide limit for the number of licenses approved for adult-use businesses, leave it to the cities to say, they may govern their own numbers.

 

Taxes in New Jersey for Cannabis

NJ marijuana taxes will apply the state’s sales tax of 6.625% to recreational cannabis, any additional state sales tax is prohibited.

However, local governments may adopt an ordinance to impose an additional municipal tax on the sale, or any other form of transfer, of cannabis or products created from or which include cannabis.

This municipal tax could be up to 2% on recreational cannabis.

New Jersey Public Question 1

 

New Jersey bills A21/S21 are being highly criticized for their lack of social equity. Under A21/S21 there’s no tax allocation for community reinvestment, no automatic expungement, no definition of ‘equity’ nor designation for licensing, no license expansion of mmj program, no home grow.

New Jersey is one of the top three states for cannabis arrests. With the legislation not yet complete or passed. Licenses may not happen in New Jersey for over a year. 

Home grow in NJ?

  • To Be Determined – so far no.

Social Equity in NJ Cannabis Laws?

  • Bare Minimum Criteria Towards Restorative Justice:
  • Expungement? To be determined 
  • Social Equity Provisions? To be determined
  • Portion of Taxes Allocated to Community? To be determined

Not much has been determined so far, so stay tuned for updates regarding the cannabis regulations in NJ.

Cannabis Possession Rules in NJ 

  • To be determined 

Licenses Available: 

  • Cannabis Retailer
  • Cannabis testing facility
  • Cannabis Wholesaler
  • Cannabis processor
  • Cannabis Grower
  • Cannabis Delivery 

NEED ASSISTANCE GETTING A CANNABIS BUSINESS LICENSE? WE CAN HELP.

SCHEDULE A FREE CONSULTATION

New Jersey Cannabis Business News

Hello from Vegas, everyone!Thus, it was a lit week at… Read more
Published on: 2021-10-22
A former compliance officer for a New Jersey cannabis business… Read more
Published on: 2021-10-21
Last week, the state awarded 14 new cannabis business permits… Read more
Published on: 2021-10-20
EDITOR’S NOTE: NJ Cannabis Insider is co-hosting a Cannabis Career… Read more
Published on: 2021-10-19
We’ve been waiting for it for a long time now…. Read more
Published on: 2021-10-19
EDITOR’S NOTE: NJ Cannabis Insider is co-hosting a Cannabis Career… Read more
Published on: 2021-10-18
The New Jersey Cannabis Regulatory Commission last week licensed 14… Read more
Published on: 2021-10-18
This image has an empty alt attribute; its file name is CIM-1024x80.png
Are Your Looking For Cannabis Investors to Fund Your Startup? Your Company Could Be Raising Funds Here. Early Stage and
Are Your Looking For Cannabis Investors to Fund Your Startup? Your Company Could Be Raising Funds Here. Early Stage and
Featured Image
Get in on The Ground Floor of Up and Coming Licensed Cannabis Business Projects and Get a Slice of The

NEED ASSISTANCE GETTING A CANNABIS BUSINESS LICENSE? WE CAN HELP.

SCHEDULE A FREE CONSULTATION