Top 3 Things New Jersey Stakeholders Should Consider Now

Each state and local municipality with a cannabis program has its own idiosyncrasies and regulations. Understanding these rules and cannabis compliance is one of the most, if not THE most, important element to the success of securing a cannabis business license.

How To Secure A Cannabis Business License

1. Build Your Team

Local Business/Community Leaders who truly understand the community and the state as a whole. Cannabis Operators/Consultants who have experience with submitting and winning applications/licenses, as well as opening and operating a cannabis business. Legal Counsel, who understands local laws to lend advice throughout the application process.

2. Real Estate / Knowing your local municipality

Go where you will be accepted in the community or township, make sure you have a population base (if applying for a dispensary), and your building has easy access to highways.

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Source: ValueWalk