The adoption of cannabis business applications is off to a good start

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Hillview Farms cannabis plants.

The New Jersey Cannabis Regulatory Commission began accepting recreational cannabis license applications for recreational cannabis growers, manufacturers and testing laboratories on Wednesday.

Nearly 500 individuals and organizations set up accounts in the first four hours, and the application platform averaged 155 new users per hour.

Jeff Brown. (LinkedIn)

“We are excited to reach this milestone,” said Jeff Brown, Executive Director of the CRC, in a prepared statement. “Applications are coming in, the platform is working well, and we can officially celebrate the start of the state’s recreational cannabis industry. The licensing and operation of breeders, manufacturers and test laboratories will set the framework and create the offer for retailers who will begin licensing in March 2022. “

According to the CRC rules, companies with social equity, companies in different ownership, micro-companies and applicants for conditional licenses are prioritized in their examination and evaluation. These include businesses owned by people with previous cannabis convictions, businesses in designated economically disadvantaged areas, and businesses owned by minority, women, and disabled veterans.

The New Jersey Cannabis Regulatory Commission sets and enforces the rules and regulations for the licensing, cultivation, testing, sale, and purchase of cannabis in the state.