Industry experts upbeat on New Jersey's cannabis-linked future

On Behalf of | Jul 17, 2020 | Cannabis Law |

It’s positive.

That is the collective take of marijuana industry principals concerning how they see the role played by New Jersey in that expanding sphere in the future.

Cannabis legalization is at various stages in states across the country. Notably, New Jersey has often been spotlighted for its early implementation of forward-looking policies geared toward growing and regulating the burgeoning industry.

It’s a complex endeavor, and would-be business participants seeking meaningful entry can benefit from the timely and studied input of an attorney team closely focused on cannabis law.

That legal realm is far from static, and it fundamentally marked by stop/start legislative activity and material new developments. We underscore at the proven New Jersey law firm of Decotiis, FitzPatrick, Cole & Giblin that, “The legalization of cannabis is a complex and rapidly evolving issue.” It requires deep understanding of both currently applied and prospective laws, as well as step-by-step guidance regarding regulatory mandates.

Notwithstanding the challenges, though, the industry seems destined to evolve, and New Jersey’s role within it could turn out to be central.

As noted, that’s the view of many insiders. One medical marijuana expert terms New Jersey the “linchpin” in future East Coast industry expansion. Another commentator calls the state a “hot market,” noting its progressively developed medical cannabis program and “the infrastructure in place for a successful recreational program.”

Much remains in flux, though, with greater bipartisan support needed and new ideas forthcoming on program details.

Prospective business entrants seeking guidance and legal representation can contact an experienced cannabis law legal team.