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A gaggle of unsuccessful medical marijuana license candidates is trying to compel New Jersey officers to settle a case that continues to stall program enlargement upfront of an adult-use market in the state.
The seven candidates, who’re doing battle in state courts over alleged licensing utility system points, not too long ago despatched a letter to the state legal professional common urging the go well with to be settled, in accordance with Law360.com.
Their suggestion: The state comply with reevaluate their purposes and grant licenses primarily based on advantage. It was unclear whether or not the state would go for that.
“With the prospect of hundreds of 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 crucial medication and the state will miss precious tax income,” the letter famous, in accordance with Law360.com.
Business specialists 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 review of these purposes after a lawsuit alleged that the system had technical glitches.
Regulators stated they investigated the problem and decided there was no drawback with the system.
The plaintiffs countered that the investigation had flaws and was “self-serving.”
So far, New Jersey has issued solely 12 vertically built-in medical marijuana licenses, and solely 9 are operational, in accordance with the state’s web site.