The state of New Jersey is one of five states that will be voting for a cannabis legalization this November 2020 and is a highly anticipated market. The state’s geographic location will provide several opportunities for those in the state an those just outside the state as well. Our team has done research on the New Jersey’s demographics, market analysis, taxation, cannabis regulation and more to assist clients in searching for the best property in the state.
Name: New Jersey
Population: 8,910,000
Median Income: $81,740
Cannabis Uses: Growth and Cultivation, Processing, Manufacturing, Preparing, Packaging, Transferring, Retail and Consumption
State Cannabis Overview: The State of New Jersey is currently pending and as of Election Day 2020, the bill does seemed poised to pass. Please keep on the lookout for our updates as well as the voter decision on this crucial state.