New Jersey could be the next market to issue marijuana consumption lounge licenses after regulators recently approved a litany of new regulations for such venues.
Under the challenging rules adopted by the New Jersey Cannabis Regulatory Commission, consumption spaces must be attached to a licensed cannabis retailer.
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Operators will be limited to one consumption space.
Microbusinesses will pay $1,000 each for an initial fee and an annual renewal fee; standard businesses will pay $5,000 apiece for initial and annual fees.
Consumption spaces in New Jersey are required to install heating, ventilation and air conditioning systems “to ensure proper ventilation and prevent smoke or vapors from affecting neighbors.”
Installing and acquiring these systems, which can cost hundreds of thousands of dollars, is one
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