NJCBA STATEMENT ON A5921, LEGISLATION TO EXTEND MUNICIPAL OPT-IN/OPT-OUT DEADLINE ON REGULATED CANNABIS

Trenton — New Jersey CannaBusiness Association (NJCBA) President Edmund DeVeaux issued the following statement today on A5921, legislation recently introduced by Assemblyman Christopher Tully:

“The New Jersey CannaBusiness Association supports Assemblyman Tully’s newly introduced legislation, A5921, which extends municipalities’ deadline to opt-in or opt-out of certain aspects of the state’s regulated cannabis industry by two months.

“The one thing that has been clear since February of this year has been the confusion over municipal guidelines in the emerging cannabis economy. The NJCBA is in conversations with several communities as to how to best deal with the looming opt-in/opt-out deadline. Supporting the extension is one more way the NJCBA supports municipalities in ensuring the state develops a responsible, sustainable, diverse, and profitable cannabis industry. Moreover, this provides additional support for the Cannabis Regulatory Commission, faced with the immense task of creating an agency and an industry.”

About The New Jersey CannaBusiness Association

The NJCBA’s mission is to promote jobs and growth in a sustainable and responsible cannabis industry. Starting with the pioneers in the medical cannabis market to the emerging players in the adult-use space, the NJCBA’s focus is to make certain that decision makers and regulators understand and respect the needs of the CannaBusiness community and that our community remain responsible corporate citizens.