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

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Friday marks one year since recreational marijuana hit the market in New Jersey, and it's a growing industry in the Garden State, but as NickJCaloway reports, smaller businesses that were meant to be first in line are still struggling to start.

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.

 

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