Sunday, February 26, 2023

2023 Changes to NJ Cannabis Business Rules

 


Cannabis Law Changes

There are several new changes to the rules that govern the cannabis industry in New Jersey:

  • Three new license types will soon be available: Class 3, wholesalers; Class 4, distributors; and Class 6, delivery licenses.
  • The criteria for priority applications have been reordered with all Social Equity, Diversity-owned Businesses, and Impact Zone applications — including those for annual and conversion licenses — receiving review before all other applications.
  • There won't be statewide restrictions on cultivation licenses as of February 22nd, 2023 (your municipality may still have restrictions).
  • After February 22nd, 2023, cannabis license holders will be able to hold a cultivator license, a manufacturer license, a retailer license, and a delivery service license at the same time. 
  • License holders will be able to have only one of each and in any combination.  Additionally, wholesale license holders can also hold a distributor license. 
  • Expanded alternative treatment centers may cultivate, manufacture, retail, and deliver.

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