They are attempting to give small businesses in New Jersey a leg-up
New Jersey’s commission to regulate the sale of cannabis announced its first set of rules Thursday afternoon, bringing the state one step closer to opening dispensary doors for legal weed sales.
Many of the rules unveiled by the Cannabis Regulatory Commission favor local entrepreneurs from diverse backgrounds by giving them priority over multi-state operators in the licensing process.
That could address concerns many have voiced. Nearly all of New Jersey’s 12 currently licensed medical marijuana companies have out-of-state ownership. Local entrepreneurs have worried they will struggle to compete in the growing market.
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