New Jersey’s Medical Marijuana Program is on the Move!
On July 16, 2018, the New Jersey Department of Health (“DOH”) announced that it would accept applications for up to six medical marijuana dispensary licenses, with two in each of New Jersey’s northern, central and southern regions. The DOH issued this Request for Applications (“RFA”).
New Jersey’s Medical Marijuana Program is currently comprised of 26,000 patients, 1,000 caregivers, 700 physicians, and six licensed Alternative Treatment Centers (“ATCs”). The DOH requires that applicants:
- may be either nonprofit or for profit and submit applications in each of the three regions;
- do cultivating and processing in addition to operating a dispensary;
- provide site control evidence and verification of proposed location’s municipality’s governing body’s approval of operating a marijuana related business; and
- submit a business plan including a budget detailing 5-year period’s anticipated revenues and expenses.
The application fee is $20,000, of which $18,000 will be returned to unsuccessful applicants, and currently operating ATCs are ineligible to participate in this application process.
Important dates to note:
- A mandatory pre-application conference is scheduled for Thursday, August 9, 2018, at the DOH’s Trenton’s headquarters.
- Applications are due by Friday, August 31st.
- Licensees will be announced on Thursday, November 1st.
A copy of the Program’s 2017 Annual Report can be viewed here.
Please contact us if you have any questions and if we can be of assistance.