New Jersey hashish regulators on Thursday declined to resume the license of Curaleaf to develop and promote hashish for the state’s adult-use market, the New Jersey Monitor stories. Curaleaf is a multistate hashish firm and the most important participant in New Jersey’s hashish trade.
With the denial, Curaleaf’s adult-use license expires on April 21; it’s unclear what the transfer means for the corporate’s medical hashish sufferers.
The vote got here a month after Curaleaf stated it confirmed to state regulators that it was closing certainly one of its cultivation services and shedding 40 staff. Hashish Regulatory Fee (CRC) members on Thursday cited the closure, Curaleaf’s conflict with unionization, and the corporate’s lack of transparency as causes for rejecting the license renewal.
CRC Chair Dianna Houenou stated throughout Thursday’s assembly that “it’s vital for the board to have workers at giant to have correct perception and well timed discover of main modifications to facility operations.”
New Jersey’s adult-use hashish regulation additionally requires licensees to keep up enterprise peace agreements as a situation. The regulation requires collective bargaining inside 200 days after a dispensary first opens if the vast majority of staff vote to type a union.
Throughout the assembly, Commissioner Krista Nash famous that that provision “is an specific mandate.”
“Folks have totally different definitions of what ‘keep’ means. When you keep your automobile, I don’t know if meaning letting it sit in a storage. Nevertheless it doesn’t imply, on this time period, submitting an settlement away in a drawer, however moderately to implement the phrases of what events agreed to do.” — Nash by way of the Monitor
Throughout the assembly, James Shorris, Curaleaf’s chief compliance officer, touted the corporate’s investments within the state, excessive gross sales to medical and adult-use shoppers, and job creation with an emphasis on range. He additionally defended the closure of the Bellmawr cultivation web site, citing modifications in demand for flower and value issues.
Curaleaf has not responded publicly to the license denial.
The board did approve the annual licenses for different dispensaries run by Acreage, Rise, Terrascend, and Verano through the assembly.
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