Foley Hoag Event

Cannabis Webinar: New Jersey

May 03, 2024

As a market that the Cannabis Regulatory Commission expects will eclipse $1 billion in sales, increased growth brings additional challenges and opportunities in New Jersey. Many asked: How will I compliantly bring on new investors and/or owners? How will I utilize investment incentives newly authorized by the New Jersey Legislature that allow me to compliantly own up to 35% in up to seven cannabis businesses? How will I appropriately, and compliantly, engage with unions in light of my labor peace agreement and regulatory and statutory obligations? Foley Hoag’s New Jersey Cannabis team discussed:

  • Common regulatory infractions and best practices. 
  • Considerations associated with any new investments into cannabis businesses and regulatory limitations imposed with respect to same. 
  • Labor issues faced by cannabis companies, including negotiating a labor peace agreement, what to expect after an LPA is signed, and what happens after you are organized.
Download presentation materials here.