MJBizMag November-December 2021 - 35

New Jersey
State regulators missed a Sept. 25 deadline to begin accepting adult-use marijuana
business license applications for the projected $1 billion market. The legalization
law required the application process to open within 30 days of initial rules being
adopted. Sales appear likely to start around spring 2022, unless medical marijuana
operators are given a head start.
New Mexico
The state's cannabis industry is in an uproar over " weedgate, " or allegations of
favoritism by New Mexico regulators. In June, the lead agency overseeing medical
marijuana companies quietly reopened applications for business licenses, awarded
one permit and then closed the window again. The health department awarded a
license to Albuquerque-based GH just before all industry oversight was transferred
to the new Cannabis Control Division. As an indicator of how much interest there
is in New Mexico marijuana permits, the Cannabis Control Division received nearly
900 applications in August for cultivation licenses.
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MJBizMag November-December 2021

Table of Contents for the Digital Edition of MJBizMag November-December 2021

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