N.J.’s Weed Commission Will Miss Deadline To Start Accepting New Business Applications
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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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