The New Jersey Department of Health recently announced its intention to offer over 100 new licenses to medical marijuana businesses. This includes 38 new licenses for cannabis Alternative Treatment Centers (ATC) in the northern and central regions of the state and 32 new licenses for its southern region. The Department of Health will accept applications for new cannabis business licenses beginning on July 1st and will accept them until August 15th.
The opening of new licenses for cannabis Alternative Treatment Centers is in response to the need for more facilities to treat the state’s growing number of patients. The state currently only has 6 cannabis ATCs with an additional 6 ATCs waiting to be licensed.
The plan would result to the opening of up to 30 cannabis manufacturers, 54 retail dispensaries, 24 cultivators. This would also be the first time that the state will be issuing separate licenses for cultivators, manufacturers, and retailers.
Read more at cannin.com
