Businesses face challenges to get into NJ’s marijuana market

Companies that have spent a lot on rent for facilities are still waiting to hear whether they will be licensed

New Jersey’s legal marijuana industry is finally starting to take shape. Nearly a year after voters approved recreational sales, state regulators this week outlined what the future industry will look like — addressing fees, licensing, growing and sales with a special focus on social and racial equity in the market.

With just six months for regulators to set a date to start legal weed sales, there are still plenty of business owners with questions about what the new rules mean for them.

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