New Jersey Cannabis Regulatory and Expungement Aid Modernization Act

Lantern Launches its Fifth Social Equity Incubator Program in New York

Retrieved on: 
Tuesday, August 2, 2022
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BOSTON, Aug. 2, 2022 /PRNewswire/ -- Lantern, a leading on-demand cannabis e-commerce marketplace and home delivery platform in the U.S., today launched the New York Cannabis Project. The social equity incubator program uses educational programming, technical services, application assistance and mentorship to empower social equity entrepreneurs to become innovators in the New York cannabis industry.

Key Points: 
  • The social equity incubator program uses educational programming, technical services, application assistance and mentorship to empower social equity entrepreneurs to become innovators in the New York cannabis industry.
  • The New York Cannabis Project is a multi-dimensional program segmented into the following four sections: business fundamentals, go-to-market strategy, community impact and the cannabis industry.
  • The New York Cannabis Project is the company's fifth incubator program.
  • "The New York Cannabis Project builds upon the efforts of our four previous social equity programs.

Verano’s Zen Leaf Elizabeth and Lawrence Dispensaries Ready and Excited to Welcome New Jersey Personal Use Cannabis Customers on April 21

Retrieved on: 
Friday, April 15, 2022
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Verano is the sole cannabis company currently permitted to initiate personal use sales in New Jerseys central region on April 21st at its Zen Leaf Elizabeth (117 Spring St) and Lawrence Township (3256 Brunswick Pike) dispensary locations.

Key Points: 
  • Verano is the sole cannabis company currently permitted to initiate personal use sales in New Jerseys central region on April 21st at its Zen Leaf Elizabeth (117 Spring St) and Lawrence Township (3256 Brunswick Pike) dispensary locations.
  • On behalf of Verano and Zen Leaf, we are excited and ready to welcome the first personal use cannabis customers in the great state of New Jersey on April 21st.
  • Verano offers a wide range of premium cannabis products sold at its Zen Leaf New Jersey locations, including concentrates, edibles, vaporizers and flower.
  • Verano designs, builds, and operates dispensaries under retail brands including Zen Leaf and MV, delivering a superior cannabis shopping experience in both medical and adult-use markets.

Verano Founder and Chief Executive Officer George Archos and Chief Operating Officer Darren Weiss Share Celebratory Comments on New Jersey Cannabis Regulatory Commission’s Approval of Personal Use Cannabis Sales

Retrieved on: 
Monday, April 11, 2022
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Quote from George Archos, Verano Founder and Chief Executive Officer:

Key Points: 
  • Quote from George Archos, Verano Founder and Chief Executive Officer:
    Todays announcement is truly a monumental day for cannabis in New Jersey.
  • The introduction of personaluse sales will provide tremendous economic growth, tax revenue, and career opportunities for the benefit of countless New Jersey residents and businesses.
  • Quote from Darren Weiss, Verano Chief Operating Officer and General Counsel:
    The approval of personal use cannabis marks a huge step forward for New Jersey, the cannabis industry, and the nation at large.
  • On behalf of our Verano New Jersey team, we look forward to welcoming personal use visitors to our Zen Leaf dispensaries.

Innovative Industrial Properties Acquires New Jersey Property and Expands Real Estate Partnership with AWH

Retrieved on: 
Thursday, February 10, 2022
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In addition to this New Jersey property, IIP owns and leases to AWH three other properties in Illinois, Massachusetts and Michigan, with IIPs total investment in properties leased to AWH, including commitments to fund future tenant improvements, equaling approximately $179.75 million.

Key Points: 
  • In addition to this New Jersey property, IIP owns and leases to AWH three other properties in Illinois, Massachusetts and Michigan, with IIPs total investment in properties leased to AWH, including commitments to fund future tenant improvements, equaling approximately $179.75 million.
  • AWH is a publicly traded, vertically integrated cannabis company, with assets in Illinois, Michigan, Ohio, Massachusetts and New Jersey and approximately 1,500 employees.
  • Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated cannabis facilities.
  • Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.

Lantern Expands Social Equity Incubator Program, Launches the New Jersey Cannabis Project

Retrieved on: 
Tuesday, October 12, 2021
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BOSTON, Oct. 12, 2021 /PRNewswire/ -- Lantern , the leading on-demand cannabis e-commerce marketplace and home delivery platform in the U.S., today launched its fourth social equity incubator program, the New Jersey Cannabis Project.

Key Points: 
  • BOSTON, Oct. 12, 2021 /PRNewswire/ -- Lantern , the leading on-demand cannabis e-commerce marketplace and home delivery platform in the U.S., today launched its fourth social equity incubator program, the New Jersey Cannabis Project.
  • This business incubator will provide social equity entrepreneurs with the skills, knowledge, and resources needed to succeed and become leaders in the emerging New Jersey cannabis industry.
  • The New Jersey Cannabis Project is divided into two parts, each with seven sessions led by industry experts, tailored to the pre- and post-license process, and is open to social equity applicants pursuing microbusiness, retail, distribution, and delivery licenses.
  • Lantern launched its first cannabis delivery incubator in Boston in 2019, and then subsequently partnered with the nonprofit The Color of Cannabis , providing them with the resources necessary to run their 10-week Social Equity Business Registration Course year round in Colorado.