Major Changes Announced to Cannabis Business Rules
February 21, 2023
There are several new changes to the rules that govern the cannabis industry in New Jersey:
- Three new license types will soon be available: Class 3, wholesalers; Class 4, distributors; and Class 6, delivery licenses.
- The criteria for priority applications have been reordered with all Social Equity, Diversity-owned Businesses, and Impact Zone applications – including those for annual and conversion licenses – receiving review before all other applications.
- There won't be statewide restrictions on cultivation licenses as of February 22nd, 2023 (your municipality may still have restrictions).
- After February 22nd, 2023, cannabis license holders will be able to hold a cultivator license, a manufacturer license, a retailer license, and a delivery service license at the same time. License holders will be able to have only one of each and in any combination. Additionally, wholesale license holders can also hold a distributor license. Expanded alternative treatment centers may cultivate, manufacture, retail, and deliver.