NJ Recreational Cannabis Licensing: The Road Ahead

New Jersey Law Journal (reprinted with permission)

1.5.2021

On Dec. 17, 2020, the New Jersey State Assembly and the Senate passed the New Jersey Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act (known as S21), which establishes the legal framework for New Jersey to develop, regulate and enforce the recreational cannabis marketplace. Though S21 awaits Governor Murphy’s approval before it becomes law, S21 sets forth the recreational cannabis licensing structure and timelines applicable to the recreational cannabis market.