New Jersey regulators revoked marijuana cultivation and manufacturing licenses from an operator in the state over unpaid fees.
According to NJBiz, the New Jersey Cannabis Regulatory Commission (CRC) voted 5-0 to revoke Harmony Foundation’s growing and manufacturing licenses because the company owes the state $700,000 in licensing fees.
The company, which operates the only adult-use dispensary in Hudson County, made a $100,000 payment toward its Class 5 retail license but has not paid for its Class 1 cultivation and Class 2 manufacturing permits, the business publication reported.
As part of the June 1 decision, Harmony can still sell recreational cannabis at its store in Secaucus but is required to purchase supply from other growers in the state.
Harmony CEO Shaya Brodchandel was surprised by the decision.
“If we had been notified that this action was being considered, we would have gladly explained that we are
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