New Jersey has licensed 14 new marijuana businesses, bringing a long-awaited expansion of the state’s medical marijuana program that exceeds original plans.
The Cannabis Regulatory Commission on Friday announced the winners of a competitive and burdensome licensing process that began two years ago. Nearly 200 entrepreneurs applied for licenses to grow and sell medical marijuana, but a lawsuit brought the process to a standstill for more than a year.
The new licenses to grow marijuana will go to Hillview Med INC., CYOURNJ LLC, and GSCC Management LLC in North Jersey; NJ Nectar Ventures LLC, Noble Valley Harvest Company, Green Medicine NJ LLC, ZY Labs LLC and The NAR Group Inc. in Central Jersey; and Bloom Medicinals of PA LLC and Garden State Releaf, LLC in South Jersey.
– Read the entire article at NJ News.