PATERSON, NJ- New Jersey’s growing medical marijuana industry is set to plant roots in Paterson in the new year.
According to a statement released by the New Jersey Department of Health, Green Thumb Industries Inc. (GTI), a national cannabis consumer packaged goods company, has been selected as one of only six businesses selected to apply for permits to open new medical marijuana dispensaries in New Jersey. GTI’s application for a Paterson location beat out other applications in Jersey City, Newark, and several other locations.
A total of 146 applications were submitted, state officials said, an indication that, Mayor Andre Sayegh suggested, Paterson is on Trenton’s radar.
“Paterson is the birthplace of industry,” Sayegh said. “Our selection as a location for this growing industry shows that we can once again be on the right side of innovation.”
Before receiving approval to grow medical marijuana, GTI, as well the five other approved applicants across the state, must now must pass background checks, provide evidence of a dispensary location and municipal approval, and comply with all regulations under the Division of Medical Marijuana, including safety and security requirements.
Sayegh confirmed to TAPinto Paterson that following their meeting with Mike Powell, the Director of the city’s Department Economic Development, in which they further outlined plans to develop a cultivation and processing facility, as well as a retail store, the city provided a letter of support for GTI’s application.
“We believe this will provide Paterson with employment opportunities,” Sayegh said estimating the number of jobs to be created at more than 150. “GTI is also known for its positive community relations and philanthropic endeavors and we are honored to have them join our community.”
Saying that they are “humbled and honored” to be awarded the license, and are “excited to become an active and integral member of the Paterson community,” GTI’s New Jersey Chief Executive Officer Devra Karleback concluded that the company’s focus will “be firmly on ensuring that patients receive the best medical marijuana, care, and retail experience possible.
”There are currently 38,000 patients participating in the state’s medical marijuana program which is currently undergoing reform at the hands state officials including the addition of five new medical conditions including anxiety, migraines, two forms of chronic pain and Tourette’s Syndrome; allowing dispensaries, also known as alternative treatment centers (ATC) to post prices; and shortening the review time of patient information for ID cards to between one and two days, down from 28 six months ago. The program also added mobile access to the patient registry.
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