New Jersey Cannabis

Medical Cannabis Reform In North Carolina Stalls Despite GOP Senate's Approval The GOP-dominated North Carolina Senate passed legislation to legalize medical marijuana while imposing stringent controls on hemp-derived products. However, members of the state's General Assembly have not taken up the...

"For us, everything starts with cultivation," Laurie Holcomb founder and CEO of Gold Flora (OTC:GRAM) told the crowd gathered at the recent Benzinga cannabis event –Cannabis Market Spotlight on Monday in New Jersey. "We’ve got 107,000 square feet of canopy. It’s all indoor. So we...

"We’re a one-stop shop… we’re teaching people how to grow a plant," Daren Lampert, CEO and co-founder at one of nation’s largest hydroponic store and organic garden centers said of GrowGeneration Corp's (NASDAQ:GRWG) staff that includes around 450 members. The NASDAQ-listed...

The complexities of the supply chain in the cannabis industry were the focal point of one of the panel discussions at the Benzinga Cannabis Market Spotlight in New Jersey on Monday. The panel, moderated by Lou Magazzu of Weiner Law Group LLP, featured insights from industry leaders who are...

As the premier gathering of top entrepreneurs and investors took place on Monday in New Jersey, we thought it would be a good time to scroll through the latest leadership changes in the cannabis and psychedelics industries. Cybin Inc. (NYSE:CYBN) (Cboe CA: CYBN) a clinical-stage biopharmaceutical...

CannPowerment took home the top prize at the 2024 Canna Founders Pitch Competition in New Brunswick, New Jersey. The competition, which concluded the Benzinga Cannabis Market Spotlight on Monday (June 17), featured five innovative cannabis ventures. But it was CannPowerment’s CEO Matha...

Too many dispensaries can be a bad thing. That’s according to a panel of experts, who gathered for “Retail in the Garden State: The Municipal Control Effect” at the Benzinga Cannabis Market Spotlight on Monday (June 17) in New Brunswick, New Jersey. Municipalities often see...

The adage “location, location, location” isn’t just something company bosses say when scouting real estate — especially in the cannabis sector. Picking the right space to grow, cultivate, sell and move products can make or break a brand. And for Verano Holdings Corp. (OTCQX:VRNOF...

In a recent development within New Jersey’s cannabis industry, HillviewMed Inc., initially a medical cannabis supplier, has announced its expansion into the recreational cannabis market. This move introduces their established product line, Hillview Farms, which includes cannabis flowers and...

In New Jersey, where adult-use cannabis is legal and over 130 dispensaries operate, home cultivation remains a felony, a policy out of step with several other states where cannabis is legal. State Senator Vin Gopal has advocated for the legalization of home growing since 2021, aiming to address...

In New Jersey, the cannabis industry faces unique challenges due to the existence of dual supply chains for medical and recreational use. This regulatory split complicates operations, affecting businesses from seed to sale. The Challenge of Separate Regulations Susanna Short, a cannabis industry...

In a detailed discussion with Benzinga, Susanna Short, an experienced cannabis consultant and upcoming Cannabis Market Spotlight speaker, shed light on the impressive growth of New Jersey’s cannabis market. With the current number of dispensaries at approximately 130, expectations are that...

In a considerable move to reshape New Jersey’s cannabis industry, the newly formed New Jersey Cannabis Equity Association (NJCEA) is setting the stage for a more inclusive and fair market. This initiative is designed to tackle long-standing disparities resulting from historical drug...

New York Lawmakers Approve Bill For Permanent Cannabis Farmers Markets New York legislators passed a bill to make cannabis farmers markets a permanent fixture. Sponsored by State Sen. Michelle Hinchey (D) and Assembly member Donna Lupardo (D), the bill aims to support growers by allowing licensed...

New Jersey’s cannabis industry has seen a remarkable 38% increase in sales, reflecting its rapid growth. The state’s recreational cannabis revenue topped $201 million in early 2024, a substantial rise from the previous year. This boost comes as the number of dispensaries jumped from 24...