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Cannabis Business Times Newsletter
Survey: State of the Cannabis Dispensary Industry
Cannabis Business Times
Playing Catch-Up
‘The Clash Between State and Federal Law in the Cannabis Industry’: 4 Key Takeaways on Federal Policy Reform Efforts
Cozen O’Connor attorneys share insight on where cannabis policy reform might be headed to address the disconnect between federal prohibition and state-legal programs. More >>
Patient Priorities

When states with legal medical cannabis programs roll out adult-use sales, it is not uncommon for medical patients to fear getting lost in the shuffle, with long lines and product shortages often par for the course.

As my home state of New Jersey prepped to launch its adult-use program (which it did April 21), that fear prompted some medical patients to “stock up on products” in advance. “Because of sales and events leading up to the first days of adult-use sales, a vast number of our medical patients had stocked up on products before the 21st …,” Curaleaf’s Stephanie Cunha, the company’s regional director of public relations, commented in a prepared statement to Cannabis Business Times. 

As one of the state’s 100,000-plus medical patients, I was among those who planned ahead to avoid having to return in the weeks following adult-use rollout. Ridiculously long lines had already been a norm at the Alternative Treatment Center (ATC, as New Jersey’s state-licensed medical dispensaries are called) I frequented in southern New Jersey in 2020 and much of 2021 (until another location opened nearby). With waiting rooms shutdown during COVID, patient numbers growing and limited ATCs throughout the state, it hadn’t been uncommon to wait an hour or more, outside, in the dead of winter, with lines that wrapped around the building.  

So, even though the state required that dispensaries offer “two patient-only hours per day” to ensure medical patients still had access to their medicine, as CBT Associate Editor Tony Lange reported, I wasn’t willing to risk having to face the mobs and product shortages many states encounter during rollout.

Lange also reported on some state dispensaries’ struggle to delineate medical vs. adult-use sales: “… Five of the seven companies to launch adult-use retail operations on April 21 were later fined a combined $360,000 by the CRC for allegedly not honoring those medical-only hours … as reported by Bloomberg. The fines came at a rate of $10,000 per day for each day the alleged violations occurred from April 21 to April 29, the news outlet reported.”

With $1.9 million in adult-use cannabis sales and reports of long lines on the first day of the adult-use rollout, I was glad I had stocked up in advance. And despite some dispensaries’ challenges ensuring no adult-use customers are being served during medical-only hours, I’ve also been happy to not only encounter no wait on my subsequent visits as a medical patient, but also to have access to some of my favorite products that are not on the adult-use menu at my ATC.

Every state faces some hiccups with such a massive medical-to-adult-use expansion of its regulated cannabis program, but in the Garden State, I am at least not experiencing nor seeing reports of product shortages. Perhaps the delays in the rollout, at least for medical patients, were worth the wait.

(As a side note, if you’re looking for insights into seamlessly expanding your dispensary from medical to adult-use, you may want to check out the session on this topic—featuring Erin Alexander, Cresco Labs; Leah Heise, Kearney; and Duke Rodriguez, Ultra Health—at Cannabis Conference 2022, Aug. 23-25, in Las Vegas.)

-Noelle Skodzinski, Editorial Director

 

Surna Cultivation Technologies - CBT 6/27/22 Floor plans & Arch. Design
Honoring Hours
5 Cannabis MSOs Fined $360K in New Jersey; 2 Companies Respond
The state’s Cannabis Regulatory Agency cited Acreage, Ascend, Curaleaf, GTI and Verano for adult-use transactions during medical-only hours. More >>
Headlines
North Carolina House Republicans Kill Medical Cannabis Legislation
Texas A&M University Receives Funding for Hempcrete Research
InterCure and Cookies Launch Flagship Retail Location in Vienna, Austria
Ayr Wellness Announces 48th Florida Dispensary Opening in Longwood
Shansan “Chance” Chambers Launches the Arizona Black Cannabis Trade Association (ABCTA)
Sundial Growers Enters into a Bid Agreement for Zenabis Global Inc.'s Assets
Item 9 Labs Corp. Nears Completion of Cannabis Cultivation and Lab Facility in Pahrump, Nevada
Native Roots Launches Gold Label: Small Batch, Handcrafted Cannabis
Sonco - CBT Sonco Gatorshield
What About Cannabis?
FDA Bans JUUL Products From US Market
Cannabis industry stakeholders weigh in on what the decision could mean for businesses in the cannabis space. More >>
Cannabis Dispensary Industry Study

Cannabis Dispensary, produced by Cannabis Business Times, is conducting its second annual “State of the Cannabis Dispensary Industry Report” research project to better understand the current North American cannabis dispensary landscape. If you own or are employed by a dispensary in the U.S. or Canada, participate in the study to find out how your business compares to others in terms of average basket size, profits, total daily transactions, revenue and more. Composite results will be featured in a special report in Cannabis Dispensary’s September (quarterly) issue. We thank you in advance for contributing to this much-needed industry data.

About CBT:
Cannabis Business Times is the most trusted source of actionable intelligence for plant-touching cannabis businesses throughout North America and is producer of the industry-leading Cannabis Conference.

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