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As NJ Drags Feet on Cannabis Licenses, Illicit Market Flourishes

New Jersey earlier this year legalized recreational cannabis.

New Jersey has been relatively slow to open licensed, legal cannabis dispensaries.

According to NJ Biz, the state only has 0.3 dispensaries per every 100,000 people.

The overall lack of access to recreational cannabis outlets is helping New Jersey’s illicit market to continue thriving.

According to research cited in the article, illegal cannabis sellers still claim 80% of the total market in New Jersey.

New Jersey earlier this year legalized recreational cannabis.

However, more than 70% of municipalities in the state opted out of allowing cannabis sales, cultivation, manufacturing and processing.

According to the report, local bans help prop up the illegal cannabis market and also restrict job growth and other opportunities within the industry.

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