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A bunch of unsuccessful medical marijuana license candidates is making an attempt to compel New Jersey officers to settle a case that continues to stall program growth upfront of an adult-use market within the state.
The seven candidates, who’re doing battle in state courts over alleged licensing utility system points, just lately despatched a letter to the state legal professional normal urging the go well with to be settled, in response to Law360.com.
Their suggestion: The state conform to reevaluate their purposes and grant licenses based mostly on benefit. It was unclear whether or not the state would go for that.
“With the prospect of thousands and thousands of eligible clients being added on account of grownup use, the present lack of licenses and ensuing monopoly implies that costs for hashish will skyrocket, the black market will stay strong, sufferers won’t be able to obtain vital medication and the state will miss useful tax income,” the letter famous, in response to Law360.com.
Trade consultants have expressed concern that New Jersey will discover it troublesome to transition shortly to grownup use due to its restricted MMJ program.
State regulators requested purposes in 2019 for twenty-four new licenses for vertically built-in and stand-alone companies, together with cultivators and retailers.
However a court docket halted the overview of these purposes after a lawsuit alleged that the system had technical glitches.
Regulators stated they investigated the difficulty and decided there was no downside with the system.
The plaintiffs countered that the investigation had flaws and was “self-serving.”
Up to now, New Jersey has issued solely 12 vertically built-in medical marijuana licenses, and solely 9 are operational, in response to the state’s web site.