
Daniel T. McKillop
Partner
201-896-7115 dmckillop@sh-law.comFirm Insights
Author: Daniel T. McKillop
Date: November 12, 2021
Partner
201-896-7115 dmckillop@sh-law.comThe New Jersey Cannabis Regulatory Commission (CRC) plans to issue and begin accepting applications for adult-use cannabis license applications for Class 1 cultivator licenses, Class 2 manufacturer licenses, and testing laboratory licenses on December 15, 2021. The CRC will issue and begin accepting applications for Class 5 Retailer licenses on March 15, 2022.
On November 10, 2021, the CRC published a Notice of Application, which outlines eligibility requirements, prioritization processes, application requirements (including a list of necessary forms and supporting documents), scoring methodology, and approval criteria regarding cultivator, manufacturer, and testing laboratory licenses. While potential applicants should review the Notice of Application in its entirety, below are a few key takeaways:
The CRC has not yet announced when it will begin applications from entities interested in a Class 3 Wholesaler, Class 4 Distributor, or Class 6 Delivery license. In addition, the CRC has yet to provide a date for medical marijuana dispensaries looking to transition to adult-use sales.
The Notice also provides no information about the process by which existing medical cannabis ATCs are to certify their inventory to the CRC in order to operate in the adult-use industry. It does, however, state that “speed of implementation” is a factor in awarding cultivator licenses. This favors the existing ATCs who are already operating, as they will be able to convert to adult-use operation after certifying their inventory to the CRC. These facts, together with the statutory deadline to start adult-use sales by February 2022 and the fact that adult-use retailer applications will not be accepted until March 15, 2022 seems to confirm that the existing medical ATCs will sell the first adult-use cannabis in New Jersey.
After a slow start, the New Jersey adult-use cannabis market is poised to evolve quickly. For businesses interested in applying for any class of cannabis license, it is important to have a knowledgeable team assembled to navigate the application process and complex regulatory regime. We encourage you to contact Scarinci Hollenbeck’s Cannabis Law Group for more information regarding applications, CRC regulations, and other legal compliance issues.
If you have any questions or if you would like to discuss the matter further, please contact Dan McKillop or the Scarinci Hollenbeck attorney with whom you work, at 201-896-4100.
This article is a part of a series pertaining to cannabis legalization in New Jersey and the United States at large. Prior articles in this series are below:
Disclaimer: Possession, use, distribution, and/or sale of cannabis is a Federal crime and is subject to related Federal policy. Legal advice provided by Scarinci Hollenbeck, LLC is designed to counsel clients regarding the validity, scope, meaning, and application of existing and/or proposed cannabis law. Scarinci Hollenbeck, LLC will not provide assistance in circumventing Federal or state cannabis law or policy, and advice provided by our office should not be construed as such.
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
The bankruptcy legal landscape presents both challenges and opportunities for businesses navigating financial distress. Understanding current bankruptcy trends can help businesses make more informed and strategic decisions. Corporate Bankruptcy Filings Trending Upwards Bankruptcy filings continued to trend upwards in 2024. According to statistics released by the Administrative Office of the U.S. Courts, personal and business […]
Author: Brian D. Spector
In December, the U.S. Securities and Exchange Commission (SEC) announced charges against two privately held companies for failing to file a Form D notice, which is generally utilized for exempt securities offerings. Here, the SEC’s enforcement sends a strong message: compliance with regulatory requirements is not optional and failure to comply can have significant consequences. […]
Author: Kenneth C. Oh
On February 14, 2025, the Office of General Counsel (OGC) of the National Labor Relations Board (NLRB) under Acting General Counsel William B. Cowen issued Memorandum 25-05, “New Process for More Efficient, Effective, Accessible and Transparent Case handling.” The Memorandum rescinds nearly all of the Memoranda issued by his direct predecessor, Jennifer Abruzzo, setting the […]
Author: Matthew F. Mimnaugh
If you purchase real property from a foreign person or entity, you may be required to withhold taxes from your payment to the seller under the Foreign Investment in Real Property Tax Act (FIRPTA). The federal tax law is designed to ensure that foreign sellers pay any applicable capital gains tax on profits realized from […]
Author: Jesse M. Dimitro
Your home is likely your greatest asset, which is why it is so important to adequately protect it. Homeowners insurance protects you from the financial costs of unforeseen losses, such as theft, fire, and natural disasters, by helping you rebuild and replace possessions that were lost While the definition of “adequate” coverage depends upon a […]
Author: Jesse M. Dimitro
Making a non-contingent offer can dramatically increase your chances of securing a real estate transaction, particularly in competitive markets like New York City. However, buyers should understand that waiving contingencies, including those related to financing, or appraisals, also comes with significant risks. Determining your best strategy requires careful analysis of the property, the market, and […]
Author: Jesse M. Dimitro
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.
Let`s get in touch!
Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!