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Verano Approved To Launch Adult Use Cannabis Sales At Zen Leaf Neptune In New Jersey
Friday, July 29, 2022 - 9:18am | 422Verano Holdings Corp.’s (OTCQX: VRNOF) (CSE:VRNO) Zen Leaf Neptune location in New Jersey has received all required approvals from municipal and state officials to commence adult use sales. The company expects Zen Leaf Neptune to open for adult use customers in the near future, following the...
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Medical Marijuana Purchases In New Jersey Are Now Tax-Free, Here's Why
Monday, July 11, 2022 - 12:22pm | 338Starting July 1, purchases of cannabis via New Jersey's Medicinal Cannabis Program are tax-free, as a result of a three-phase process enacted in 2019 when provisions to eliminate the tax were signed by Gov. Phil Murphy. Now after years of paying higher than average prices for medical...
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New Jersey's Recreational Cannabis Program May Be 'A Wreck' But A Few Companies Could Emerge As Winners
Tuesday, August 24, 2021 - 10:59am | 877In the most recent November elections, fully 67% of New Jersey's adult voters came out to say yes to legalize cannabis. The new cannabis law, signed by Governor Phil Murphy in February, had a deadline of Aug. 21 for the New Jersey Cannabis Regulatory...
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Cannabis Regulatory Update: Delaware, Illinois, Minnesota, New Jersey, West Virginia
Thursday, March 25, 2021 - 1:29pm | 948Delaware Cannabis Legalization Bill Passes House Committee The House Health and Human Development Committee in Delaware voted Wednesday in favor of a bill, HB 150, to legalize cannabis, writes Marijuana Moment. The bill, proposed by Rep. Ed Osienski, passed in a 10 to 5 vote, having seen...
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Cannabis Regulatory Update: Hawaii Senate Votes For Legalization, NJ Still In Question, South Dakota AG Won't Defend Adult-Use
Wednesday, February 17, 2021 - 1:55pm | 883Hawaii Senate Says Yes To Cannabis Legalization Hawaii Senate Committee on Public Safety, Intergovernmental and Military Affairs voted in favor of two cannabis measures on Tuesday. (h/t Marijuana Moment) The first bill asks for adult-use cannabis legalization and the other to amend the state’...
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South Dakota's Amendment Legalizing Recreational Weed Is Unconstitutional, Judge Says
Wednesday, February 10, 2021 - 1:53pm | 554South Dakota was one of five states to vote for cannabis-focused ballot initiatives during November elections, with around 54% of voters supporting it. Now, instead of implementing the new law and setting up regulations for the burgeoning industry, a state judge says the measure...
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Regulatory Update: Wisconsin Proposes Pot Legalization, NJ Reduces Magic Mushroom Penalties, Virginia Passes Weed Bill
Monday, February 8, 2021 - 1:47pm | 731Wisconsin Gov. Proposes Marijuana Legalization Wisconsin is considering joining a plethora of states with legal marijuana programs. According to Marijuana Moment, Governor Tony Evers reported Sunday that he will include marijuana legalization in his budget proposal. “Legalizing and...
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Recreational Cannabis Could Show Up In New Jersey Within 6 Months
Friday, December 18, 2020 - 10:46am | 532New Jersey lawmakers have passed a measure to allow a recreational marijuana marketplace in the Garden State. The legislation will now be sent to Democratic Gov. Phil Murphy, who is expected to sign the bill. Once that happens, New Jersey cannabis businesses will be able to offer recreational weed...
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Nasdaq Reportedly Eyeing Data Center Move To Texas
Thursday, October 8, 2020 - 11:34am | 532A proposed tax bill in New Jersey reportedly has stock exchanges reconsidering the location of data centers in the Garden State. What Happened: Texas Gov. Greg Abbott is courting the Nasdaq (NASDAQ: NDAQ) to move its data centers to Texas, he said in a tweet Wednesday. I've been talking...
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San Diego Cannabis REIT Partners With Curaleaf On $5.5M Property In N.J.
Wednesday, July 15, 2020 - 10:30am | 425Cannabis REIT Innovative Industrial Properties Inc. (NYSE: IIPR), which recently secured $225 million in funding through an underwritten public offering, has has purchased a property in Blue Anchor, New Jersey for $5.5 million. The newly acquired...
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New Jersey Governor Signs Law Expanding Medical Marijuana Program
Tuesday, July 2, 2019 - 2:55pm | 300New Jersey Gov. Phil Murphy signed legislation Tuesday that broadens the state’s medical marijuana program, making it easier for the terminally ill to use cannabis, among other changes. The law, the Jake Honig Compassionate Use Medical Cannabis Act, was named after Jake Honig, a Howell, N.J....