The bill proposes significant amendments to New Jersey's cannabis regulations, focusing on the licensing and application processes for cannabis establishments, including the Cannabis Regulatory Commission's role, municipal ordinances, and alternative treatment centers (ATCs). Key changes include the introduction of nonrefundable application fees, a requirement for the commission to make permit determinations within specified timeframes, and a mandate that at least one-third of medical cannabis permits issued be conditional. The bill also emphasizes the importance of microbusinesses by reserving at least 10% of total permits for them and outlines specific criteria for applicants, including residency documentation and income limits. Additionally, the bill allows municipalities to regulate cannabis operations within their jurisdictions and establishes an online portal for municipal cannabis regulations.

Further amendments streamline the application review process by removing certain requirements, such as the need for business plans and liability insurance, while emphasizing the importance of maintaining labor peace agreements. The bill also prioritizes applications from individuals in designated "impact zones" and those with community involvement. It allows ATCs to hold multiple licenses and operate retail sales of cannabis items under specific conditions, ensuring that patient care remains a priority. Overall, the legislation aims to create a more efficient and equitable cannabis market in New Jersey while ensuring compliance with health and safety standards.

Statutes affected:
Introduced: 24:6I-7.1, 24:6I-7.3, 24:6I-36, 24:6I-45, 24:6I-35, 24:6I-46, 24:6I-22