In mid-December, the New Jersey Legislature passed the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act (CREAMMA), enabling a new adult-use cannabis market. On Feb. 22, 2021, CREAMMA went in effect. Now, with a functioning Cannabis Regulatory Commission (CRC), New Jersey is poised to activate its adult-use cannabis market.
The CRC will make cannabis licenses available for cultivators, manufacturers, retailers, distributors, testing labs and microbusinesses.By Aug. 22, 2021, (180 days from the effective date of CREAMMA) the CRC must create the initial rules and regulations to govern the recreational cannabis licensing process. CREAMMA also calls for the CRC to begin accepting and processing license applications for recreational cannabis businesses within 30 days after the Rules Adoption Date. Therefore, the latest date that New Jersey can expect to see a request for applications from the CRC is expected on or about Aug. 22, 2021, with the expectation that the CRC will start accepting and processing license applications within the following 30-day period.