June 04, 2025
The New Jersey Economic Development Authority (NJEDA) has approved a $5 million initiative aimed at supporting early-stage recreational cannabis businesses across the state. The Cannabis Business Development (CBD) Grant Program offers relief for small, locally…
Read More...February 24, 2025
Running a business is complex. But running a business in a new industry, with extreme regulations, and its own tax law, give a whole new meaning to complex. Whether you’re a cannabis grower, retailer, dispensary,…
Read More...January 14, 2025
Beginning January 1, 2025, the New Jersey Social Equity Excise Fee (SEEF) is $2.50 per ounce of cannabis, which is due on each usable ounce of recreational cannabis sold by a Class 1 (Cannabis Cultivator)…
Read More...January 08, 2024
Beginning January 1, 2024, the state Social Equity Excise Fee (SEEF) decreases to $1.24 per ounce of cannabis. This adjustment is down from $1.52 per ounce in 2023. The SEEF is due on each usable…
Read More...September 27, 2023
While recreational cannabis has been legal for nearly three years in New Jersey, some business types are just now able to begin their official license application process. License Class Types for NJ Cannabis Businesses The…
Read More...June 08, 2023
Introducing the NJ Cannabis Training Academy While the cannabis industry continues to grow, many are feeling the pressure when it comes to applying for a recreational cannabis license and actually starting a business. The New…
Read More...May 10, 2023
On May 8, 2023, New Jersey Governor Phil Murphy officially signed legislation that effectively decouples state tax provisions from the federal prohibition on cannabis business deductions beginning with the 2023 tax year. The bills, A-3946/S-340,…
Read More...December 30, 2022
As of January 1, 2023, the Social Equity Excise Fee (SEEF) increases to $1.52 per ounce of cannabis. This adjustment is up from $1.10 per ounce in 2022. The SEEF is due on each usable…
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