{"id":4689,"date":"2021-02-22T01:17:25","date_gmt":"2021-02-22T06:17:25","guid":{"rendered":"https:\/\/www.lindabury.com\/firm\/?p=4689"},"modified":"2021-03-16T09:47:48","modified_gmt":"2021-03-16T13:47:48","slug":"nj-enacts-the-cannabis-regulatory-enforcement-assistance-and-marketplace-modernization-act","status":"publish","type":"post","link":"https:\/\/www.lindabury.com\/firm\/uncategorized\/nj-enacts-the-cannabis-regulatory-enforcement-assistance-and-marketplace-modernization-act.html","title":{"rendered":"NJ Passes the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act"},"content":{"rendered":"

On December 17, 2020, the New Jersey legislature passed the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act (the \u201cAct\u201d), providing the framework for legal adult recreational cannabis use in New Jersey.\u00a0 The Act lays out the ground rules for licensing arrangements for the cultivation, packaging, distribution, advertising, and retail sale of recreational cannabis to persons 21 years old or older.\u00a0 Governor Murphy signed the legislation into law on February 22, 2021.<\/p>\n

It is important to note that the passage of the Act does not immediately make \u201cstreet pot\u201d legal\u2014instead, it provides the roadmap for businesses to become licensed so that they may take part in the future legal adult recreational cannabis market in New Jersey.\u00a0 Cannabis, however, will no longer be a Schedule 1 controlled dangerous drug under New Jersey law (although it remains so at the Federal level).<\/p>\n

Although the Act is over 200 pages long, it still requires that the New Jersey Cannabis Regulatory Commission (\u201cCRC\u201d) develop regulations to flesh out the details of how these arrangements will all be put into practice.\u00a0 For example, there are currently no application forms to apply for any license to operate in the cannabis market in New Jersey.\u00a0 These forms, their instructions, and a host of other details all need to be developed before any business can apply for one of the required licenses.\u00a0 The CRC has been given 180 days to develop these enabling regulations and forms.\u00a0 That said, individuals and businesses interested in entering into this market will want to keep apprised of the details of these ongoing regulatory developments so that they can position themselves to have already put arrangements in place which will allow them to immediately move forward with the application process as soon as it becomes available.<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

On December 17, 2020, the New Jersey legislature passed the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act (the \u201cAct\u201d), providing the framework for legal adult recreational cannabis use in New Jersey.\u00a0 The Act lays out the ground rules for licensing arrangements for the cultivation, packaging, distribution, advertising, and retail sale of recreational cannabis to […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[400,245,65,64,1],"tags":[],"coauthors":[207],"class_list":["post-4689","post","type-post","status-publish","format-standard","hentry","category-cannabis-insights","category-corporate-ma-insights","category-insights","category-anderson","category-uncategorized"],"acf":[],"yoast_head":"\nNJ Passes the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act — February 22, 2021 — Lindabury, McCormick, Estabrook & Cooper, P.C. Firm News & Events<\/title>\n<meta name=\"description\" content=\"On December 17, 2020, the New Jersey legislature passed the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act (the \u201cAct\u201d),\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lindabury.com\/firm\/uncategorized\/nj-enacts-the-cannabis-regulatory-enforcement-assistance-and-marketplace-modernization-act.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NJ Passes the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act — February 22, 2021 — Lindabury, McCormick, Estabrook & Cooper, P.C. Firm News & Events\" \/>\n<meta property=\"og:description\" content=\"On December 17, 2020, the New Jersey legislature passed the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act (the \u201cAct\u201d),\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lindabury.com\/firm\/uncategorized\/nj-enacts-the-cannabis-regulatory-enforcement-assistance-and-marketplace-modernization-act.html\" \/>\n<meta property=\"og:site_name\" content=\"Lindabury, McCormick, Estabrook & Cooper, P.C. Firm News & Events\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-22T06:17:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-03-16T13:47:48+00:00\" \/>\n<meta name=\"author\" content=\"Robert W. Anderson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Robert W. Anderson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"NJ Passes the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act — February 22, 2021 — Lindabury, McCormick, Estabrook & Cooper, P.C. Firm News & Events","description":"On December 17, 2020, the New Jersey legislature passed the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act (the \u201cAct\u201d),","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.lindabury.com\/firm\/uncategorized\/nj-enacts-the-cannabis-regulatory-enforcement-assistance-and-marketplace-modernization-act.html","og_locale":"en_US","og_type":"article","og_title":"NJ Passes the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act — February 22, 2021 — Lindabury, McCormick, Estabrook & Cooper, P.C. Firm News & Events","og_description":"On December 17, 2020, the New Jersey legislature passed the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act (the \u201cAct\u201d),","og_url":"https:\/\/www.lindabury.com\/firm\/uncategorized\/nj-enacts-the-cannabis-regulatory-enforcement-assistance-and-marketplace-modernization-act.html","og_site_name":"Lindabury, McCormick, Estabrook & Cooper, P.C. Firm News & Events","article_published_time":"2021-02-22T06:17:25+00:00","article_modified_time":"2021-03-16T13:47:48+00:00","author":"Robert W. Anderson","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Robert W. Anderson","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.lindabury.com\/firm\/uncategorized\/nj-enacts-the-cannabis-regulatory-enforcement-assistance-and-marketplace-modernization-act.html#article","isPartOf":{"@id":"https:\/\/www.lindabury.com\/firm\/uncategorized\/nj-enacts-the-cannabis-regulatory-enforcement-assistance-and-marketplace-modernization-act.html"},"author":{"name":"Lindabury, McCormick, Estabrook & Cooper, P.C.","@id":"https:\/\/www.lindabury.com\/firm\/#\/schema\/person\/429b3bd6b52a7aa6eb9a0709bbb4d06f"},"headline":"NJ Passes the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act","datePublished":"2021-02-22T06:17:25+00:00","dateModified":"2021-03-16T13:47:48+00:00","mainEntityOfPage":{"@id":"https:\/\/www.lindabury.com\/firm\/uncategorized\/nj-enacts-the-cannabis-regulatory-enforcement-assistance-and-marketplace-modernization-act.html"},"wordCount":1295,"articleSection":["Cannabis","Corporate and M&A","Insights","Robert W. Anderson"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.lindabury.com\/firm\/uncategorized\/nj-enacts-the-cannabis-regulatory-enforcement-assistance-and-marketplace-modernization-act.html","url":"https:\/\/www.lindabury.com\/firm\/uncategorized\/nj-enacts-the-cannabis-regulatory-enforcement-assistance-and-marketplace-modernization-act.html","name":"NJ Passes the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act — February 22, 2021 — Lindabury, McCormick, Estabrook & Cooper, P.C. Firm News & Events","isPartOf":{"@id":"https:\/\/www.lindabury.com\/firm\/#website"},"datePublished":"2021-02-22T06:17:25+00:00","dateModified":"2021-03-16T13:47:48+00:00","author":{"@id":"https:\/\/www.lindabury.com\/firm\/#\/schema\/person\/429b3bd6b52a7aa6eb9a0709bbb4d06f"},"description":"On December 17, 2020, the New Jersey legislature passed the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act (the \u201cAct\u201d),","breadcrumb":{"@id":"https:\/\/www.lindabury.com\/firm\/uncategorized\/nj-enacts-the-cannabis-regulatory-enforcement-assistance-and-marketplace-modernization-act.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.lindabury.com\/firm\/uncategorized\/nj-enacts-the-cannabis-regulatory-enforcement-assistance-and-marketplace-modernization-act.html"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.lindabury.com\/firm\/uncategorized\/nj-enacts-the-cannabis-regulatory-enforcement-assistance-and-marketplace-modernization-act.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"\/"},{"@type":"ListItem","position":2,"name":"Insights","item":"https:\/\/www.lindabury.com\/firm\/insights"},{"@type":"ListItem","position":3,"name":"Cannabis","item":"https:\/\/www.lindabury.com\/firm\/insights\/cannabis-insights"},{"@type":"ListItem","position":4,"name":"NJ Passes the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act"}]},{"@type":"WebSite","@id":"https:\/\/www.lindabury.com\/firm\/#website","url":"https:\/\/www.lindabury.com\/firm\/","name":"Lindabury, McCormick, Estabrook & Cooper, P.C. Firm News & Events","description":"Published by Lindabury, McCormick, Estabrook & Cooper","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.lindabury.com\/firm\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.lindabury.com\/firm\/#\/schema\/person\/429b3bd6b52a7aa6eb9a0709bbb4d06f","name":"Lindabury, McCormick, Estabrook & Cooper, P.C.","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a19d0fac94b8d3d657028926f65c841917c5f8f0dd3f23ad394e83f16c690e09?s=96&d=mm&r=g3f2ca7450f0195db092bccff4fb8982e","url":"https:\/\/secure.gravatar.com\/avatar\/a19d0fac94b8d3d657028926f65c841917c5f8f0dd3f23ad394e83f16c690e09?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a19d0fac94b8d3d657028926f65c841917c5f8f0dd3f23ad394e83f16c690e09?s=96&d=mm&r=g","caption":"Lindabury, McCormick, Estabrook & Cooper, P.C."},"sameAs":["https:\/\/www.lindabury.com"]}]}},"yoast":{"focuskw":"","title":"","metadesc":"","linkdex":"","metakeywords":"","meta-robots-noindex":"","meta-robots-nofollow":"","meta-robots-adv":"","canonical":"","redirect":"","opengraph-title":"","opengraph-description":"","opengraph-image":"","twitter-title":"","twitter-description":"","twitter-image":""},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/posts\/4689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/comments?post=4689"}],"version-history":[{"count":6,"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/posts\/4689\/revisions"}],"predecessor-version":[{"id":4733,"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/posts\/4689\/revisions\/4733"}],"wp:attachment":[{"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/media?parent=4689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/categories?post=4689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/tags?post=4689"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/coauthors?post=4689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}