N.J.’s Weed Commission Will Miss Deadline To Start Accepting New Business Applications
Legislators baked clear deadlines into the legalization law
The state Cannabis Regulatory Commission will not begin accepting new applications for business licenses by this weekend, thereby missing a statutory deadline intended to keep development of the legal weed marketplace on track.
But the commission at its meeting Tuesday evening did approve a new licensing platform to help it process applications when the time comes, and says that alone is a significant step toward launching the new industry.
Legislators baked clear deadlines into the legalization law — six months from law’s signing, a commission would need to have rules, and within another six months, it needs to pick a date for legal sales to begin — to avoid further delays in starting legal weed sales.
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