The Microbusiness Cannabis License and the Entrepreneur: A Point of Entry to NJ’s Market

New Jersey Law Journal (reprinted with permission)


With the legalization of adult use cannabis, the New Jersey legislature has created new opportunities for New Jersey entrepreneurs in the cannabis market by developing the concept of a “microbusiness” license within the recreational cannabis market. The microbusiness license establishes a path for New Jersey entrepreneurs to avoid competing with multi-state operators who have access to the capital necessary to operate a full license cannabis establishment along with other protections favoring New Jersey residents.