Over $2B In Marijuana Sales Since 2018: New Jersey Cannabis Czar Attributes Milestone To Devoted Entrepreneurs And More Updates



New Jersey cannabis czar said on Thursday that combined sales of medical and recreational cannabis sales have surpassed $2 billion since 2018.

“Today I’m also proud to announce another milestone,” Jeff Brown, executive director of the New Jersey Cannabis Regulatory Commission (NJ-CRC), said during a hearing before the Assembly Oversight, Reform and Federal Relations Committee this week. “Since we started this work in 2018, cumulative sales of both medicinal cannabis and recreational cannabis have eclipsed $2 billion.”

Brown said that’s thanks to “entrepreneurs who have been putting their money, their lives and their dreams on the line to make this happen,” reported Marijuana Moment.

Legal recreational sales launched in New Jersey in April 2022.

Brown recently said that New Jersey is paving its way toward reaching $1 billion in cannabis sales …

Full story available on Benzinga.com


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