State lawmaker Ed Osienski (D-Newark) continues pushing to allow current medical marijuana dispensaries, also known as compassion centers, to legally enter the recreational market early.
While the Marijuana Commissioner plans to begin accepting recreational license applications by this September, this bill would allow compassion centers to apply for a conversion license in August and open for business within months.
While the bill was narrowly voted out of committee due to business competition concerns and worries centers could not keep up with product supply for medical patients, Osienski added an amendment to remedy the latter concern.
“We decided to put much stronger language in the legislation to ensure we have a healthy supply of medical marijuana for medical patients while these compassion centers are converting over to also be able to sell, grow and manufacture recreational marijuana,” he said.
The new addition of the bill also increases the conversion license fee from $100,000 to $200,000 and ensures those funds assist the social equity license program – a grant program for individuals who have been affected by prohibition looking to enter the marijuana businesses.
Those interested in applying for the social equity license program must submit a validation form before July 15, 2024, to see if they