New Jersey Invites Six New Weed Stores

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Recreational Marijuana users in New Jersey will be able to make their purchases at six new establishments across the state in the coming weeks. The initial stores that opened in the state last month are owned by seven different medical dispensaries. These facilities are labeled alternative treatment centers and include Verano (which uses the Zen Leaf banner), Curaleaf, GTI (which uses the RISE banner), Ascend, Columbia Care, TerrAscend, and Acreage. The initial dozen stores now in operation can be found in Bellmawr, Bloomfield, Paterson, Phillipsburg, Maplewood, Rochelle Park, Elizabeth, Lawrence, Williamstown, Egg Harbor, Vineland, and Deptford. Within these 12 stores, there have been over 212,000 transactions. These establishments have generated over 24 million in sales that have been reported within this short period of time.

The new stores to be added to New Jersey's Marijuana portfolio include Curaleaf’s Edgewater Park store, Woodbridge, Union, Eatontown (all owned by AYR Wellness), Lodi (owned by TerrAscend), and Montclair (owned by Ascend). The New Jersey State Cannabis Regulatory Commission approved the new locations on May 24, 2022. This action expanded the legal weed stores in New Jersey to the current total of 18.

The New Jersey State Cannabis Regulatory Commission has given the approvals for another 46 conditional licenses for cultivators and manufacturers to grow crops and increase their production, adding to the 102 approvals previously permitted. The caveat to this plan is that these 148 facilities may take up to a year to get all of the protocols in place before selling weed to New Jersey consumers.

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