New Jersey Is Now Accepting Applications For Marijuana Consumption Lounge Licenses, With Social Equity Businesses At Front Of The Line
- Applications to operate a licensed marijuana consumption lounge in New Jersey are now open.
- Qualified social equity businesses can submit applications starting Thursday.
- Applications from microbusinesses and diversely-owned dispensaries will open on April 2, and all other retailers can apply starting July 2.
- Rules for consumption lounges include not being able to sell food or alcohol, allowing adults 21 and older to bring food or have it delivered, and permitting medical cannabis patients to bring their own products.
Applications have officially opened to operate a licensed marijuana consumption lounge in New Jersey.
Nearly a year after the New Jersey Cannabis Regulatory Commission (NJ-CRC) finalized rules for the lounges, applications can now be submitted by qualified social equity businesses as of Thursday.
Applications from microbusinesses and diversely-owned dispensaries are set to open on April 2. Then all other retailers will get to apply starting July 2.
Under the rules, consumption lounges cannot sell food or alcohol, but adults 21 and older can bring food or have it delivered if the local government allows it. Medical cannabis patients would be able to bring their own marijuana products.
Businesses will be limited to owning one social use license, regardless of how many dispensaries they operate. There will be a $1,000 fee for microbusinesses to obtain a consumption area endorsement and a $5,000 fee for standard businesses.
Read the full article at Marijuana Moment