Licensed New Jersey cannabis cultivators, manufacturers, retailers and testing labs (not multi-state operators) can get a one-time $75,000 reimbursement for rent, payroll, training and professional services. Rolling, first come, first served.
Provides a one-time $75,000 reimbursement to early-stage licensed New Jersey cannabis businesses for compliance and working capital costs such as rent under an executed lease, payroll, employee training and professional services. Applications are reviewed on a rolling, first-come, first-served basis for three years from launch or until funding is exhausted. A $750 non-refundable application fee applies.
Must hold a current NJ Cannabis Regulatory Commission annual license digital card (conversion letters are not accepted)
Eligible license types: cultivator, manufacturer, retailer and testing lab (medicinal-only labs excluded)
Multi-State Operators and holders of an ATC Final Agency Decision Acceptance are not eligible
Tax clearance certificate and NJ Certificate of Formation required before approval
Must document at least $75,000 in eligible expenses; supplies, construction and equipment over $2,000 are ineligible
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