The bill proposes significant amendments to New Jersey's cannabis regulations, focusing on the licensing and application processes for cannabis establishments, including dispensaries, distributors, and delivery services. Key changes include the introduction of nonrefundable application fees for permit applications and conditional permits, as well as a requirement for the Cannabis Regulatory Commission to make determinations on applications within specified timeframes. The bill mandates that at least one-third of the total permits issued for medical cannabis be conditional permits, with specific requirements for applicants, such as documentation of residency and income limits. Additionally, it emphasizes the promotion of microbusinesses, ensuring that at least 10% of total permits are designated for them, and outlines the requirements for clinical registrant permits, including contracts with academic medical centers.

Furthermore, the bill streamlines the licensing process by removing certain requirements for conditional license applications, such as the need for a business plan and liability insurance coverage. It also clarifies that application materials will not be considered public records, ensuring confidentiality for applicants. The bill prioritizes the issuance of licenses based on the needs of "impact zones" and allows municipalities to regulate cannabis establishments while requiring them to submit any ordinances to the commission for inclusion in a new online portal. Additionally, it provides alternative treatment centers with greater flexibility in holding multiple cannabis licenses and introduces a system for tracking medical and personal use cannabis items. Overall, the legislation aims to create a more efficient and equitable framework for cannabis commerce in New Jersey.

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