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420 with CNW — NJ Court Tells Marijuana Regulators to Revise Licensing System

In December 2018, the New Jersey Department of Health issued six new medical cannabis licenses, effectively doubling the state’s medical-marijuana program. Gov. Phil Murphy had called for the expansion of New Jersey’s medical cannabis program, resulting in the addition of 20,000 medical cannabis patients. The six vertically integrated dispensaries were meant to beef up the state’s supply of high-quality marijuana as existing dispensaries were struggling to meet the increased demand.

However, a group of seven applicants whose license applications were rejected sued the state, arguing that…

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CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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