1 year after recreational marijuana hit the market in New Jersey, smaller businesses are still struggling

The industry is booming in the Garden State, and pot sales are only expected to grow from here, but as CBS2's Nick Caloway reports, smaller businesses that were meant to be first in line to cash in are still struggling to get going.

For those who partake in New Jersey, it's been a big year, and an even bigger one for cannabis retailers. "These companies have established brand loyalty, so anyone coming onto the market now has to try to claw that business back from them," said John Harmon, with the African-American Chamber of Commerce of New Jersey.

The delay leaves local entrepreneurs like Charles Penn and Corey Dishmen, with the Library of New Jersey, to face regulatory headwinds. After years of planning and red tape, they hope to finally open this summer, and they are eager to compete with those multi-state operators, or MSOs.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Business as usual will not lead to a socially equitable cannabis market in New Jersey | OpinionCommunities can disrupt business as usual by intentionally supporting diversely owned small businesses in the cannabis industry.
مصدر: njdotcom - 🏆 282. / 63 اقرأ أكثر »