A year after Gov. Phil Murphy signed a law legalizing marijuana use for adult recreation in New Jersey, businesses looking to enter the market are still waiting to find out if they can start selling the drug. Alternative treatment centers were due to begin selling marijuana for recreation on Feb. 22, six months after the Cannabis Regulatory Commission adopted its rules and regulations for the adult market.
By law, alternative treatment centers must prove that they have sufficient stocks for patients with medical marijuana, and show that they can expand their business in the market for adult use without interrupting supplies to patients. But, according to the commission, it received many incomplete applications. Some treatment centers say their stocks are more than sufficient and they would like further clarification from regulators on what is missing. The period for applying for retail licenses will open on March 15, but some companies believe that this process may also be postponed.
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