Official Site of The State of New Jersey
The New Jersey cannabis industry in 2023 has been transformed by regulatory changes that have paved the way for growth and expansion. The reduction of registration and renewal fees for medicinal cannabis patients and caregivers, the removal of restrictions on vertical integration, the expansion of edible cannabis products, and the elimination of the mandatory waiting period for new ATCs to enter the recreational market have all played crucial roles in shaping the growing industry.
In December the NJ-CRC began accepting applications for wholesale, distribution, and delivery services licenses -- with the first wholesale and distribution licenses being awarded to social equity applicants during the December 7th public meeting. Now that all license classes are open in New Jersey, there are numerous opportunities for aspiring cannabis business entrepreneurs.
Below are some other highlights from 2023 at the NJ-CRC.
In 2024, we anticipate significant developments in medicinal and adult cannabis spaces. The completion of clinical registrant regulations is expected to advance cannabis research for medicinal purposes -- a meaningful step forward for all cannabis consumers. We will also see the complete elimination of fees for medicinal cannabis patients with the introduction of digital ID cards. The waivers granted to manufacturers to expand edibles products will become permanent regulation during the year.
Rules for consumption areas in the adult-use, recreational cannabis space will be adopted in 2024. These consumption areas will be connected to dispensaries and will offer social gathering opportunities for cannabis smokers. The consumption areas offer a vital solution for individuals needing a suitable place to consume outside their homes. These venues are designed to provide a safe and controlled environment for responsible use of cannabis. Read more about consumption areas here.
Previous Blog Posts
Growth, Equity, and Impact: NJ-CRC 2024 Year in Review
01/7/2025
As we begin 2025, the New Jersey Cannabis Regulatory Commission (NJ-CRC) is proud to reflect on 2024, a year marked by growth, equity and impact. From expanding public outreach to increasing access of information to continuing to emphasize our safe-use messaging, we’ve taken significant steps to ensure the state’s cannabis market remains equitable, transparent, and thriving. 2024 brought pivotal changes in leadership, new initiatives that strengthen community and industry ties, and a continued focus on compliance and enforcement. Join us as we take a look back at the milestones that defined the past year and share our vision for what’s ahead in New Jersey’s cannabis industry.
What Could 2% Do For Your Municipality?
11/14/2024
As New Jersey’s cannabis industry continues to expand, municipalities have the unique opportunity to shape how cannabis businesses operate within their communities – and how their towns can benefit from the resulting additional tax revenue. Under the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act (CREAMMA), municipalities have the choice to “opt in” to allowing cannabis businesses in their jurisdiction and taxing those businesses up to 2% on sales. The legislation allows municipalities to tap into potential economic benefits while retaining control over how and which cannabis businesses operate in their communities.
Social Equity Excise Fee (SEEF)
10/28/2024
The Social Equity Excise Fee (SEEF) is a mandatory fee imposed by the NJ-CRC on cannabis cultivators, established under N.J.S.A. 17:30-3.4 of the New Jersey Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act (CREAMMA) and in accordance with N.J.S.A. 54:47F-1. The SEEF is collected from cannabis cultivators in New Jersey, based on the quantity of cannabis produced. The rate of the fee was initially set at $1.10 per ounce of cannabis and was adjusted to $1.52 per ounce in 2023. Currently, it stands at $1.24 per ounce.
