Gov. Phil Murphy signed into law legislation setting up a recreational marketplace
Nearly 150 license applications have sat untouched for more than a year
The state budget must be approved by the end of June
Bridgewater received a $50,000 grant from Eaze
The specific regulatory process has not been finalized
The compromise puts one limit on licenses back into the legislation
Gov. Phil Murphy and state lawmakers are at odds
The long awaited bill comes just days after voters approved legalization
They think it should include the ability to deduct business expenses
This is a critical time for cannabis startups as they look to new markets