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Alice

April 8, 2019

Medical marijuana has had a tough fight in New Jersey. The current governor is not a fan and is also staunchly against recreational marijuana. As far as opening a marijuana business in this state, there are no plans of allowing additional Alternative Treatment Centers (which may also grow their own marijuana). However, lawmakers in the state are actively pushing for an expanded medical marijuana program.

Although the application process is currently closed, this article can provide you with more information on how to start a medical marijuana growing operation in New Jersey and the costs associated with the process in case it does open again. Currently, six organizations are growing more than 120 strains of cannabis for various medicinal purposes. The state may re-evaluate the program in the future to determine whether there is a need for expansion.

When was cannabis made legal

Medical marijuana was legalized in 2010 for specific medical conditions. The New Jersey medical cannabis program is regulated by the Department of Health. Growing operations take place within dispensaries known as Alternative Treatment Centers (ATCs).

When was cannabis made legal
When was cannabis made legal – Image powered by Weednews.co

Governor Chris Christie was against the legalization of medical marijuana and has already clarified that he would not support any recreational legislation. Despite political adversity, New Jersey has a reputable medical cannabis program, with six ATCs currently in operation. While New Jersey’s medical marijuana system is limited, it still seems to be running efficiently. Gov. Christie even signed a bill in September 2016 to add PTSD as a qualifying condition.

How much money is in the New Jersey marijuana market

Medical sales for 2016 amounted to $31,000,000 while estimated sales for 2021 are expected to reach $52,500,000. Of course, if the law changes before then to allow for recreational marijuana, this could lead to a much greater increase.

License requirements

License requirements
License requirements – Integritastechnologies.com

Under the guidelines enacted as of January 18, 2010, New Jersey started accepting applications for legal medical cannabis growing operations. However, the procedure for prospective owners closed in March of 2011 and remains closed. Under these guidelines there are provisions for:

  • Medical Marijuana Dispensaries (aka Alternative Treatment Centers)
  • Medical Marijuana Growers
  • Medical Marijuana Processors

The application fee for the program was $2000, and the license fee was $18,000. Current owners may transfer their ownership for a $20,000 fee.

Timeframe

Starting any type of marijuana business in New Jersey will take some time – especially since the state is no longer accepting applications. Once granted a license, however, allow at least a year to get your cannabis business up and running.

Links to consulting companies that can help open a marijuana growing operation in New Jersey

Looking to start a marijuana growing operation in New Jersey? The consulting companies listed below provide a wide range of services from helping with state licensing requirements and applications to running and stocking your business.

Links
Links – Image powered by Day10.co.uk

Marijuana stays in the news, and Alice is always ready to keep us updated. A world traveler and lover of freedom, Alice knows what is going on, no matter where she roams. She specializes in marijuana legalization stories across the globe, with up to date... [read more]

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