N.J. legal weed racks up $24 million in sales in first month

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N.J. legal weed racks up $24 million in sales in first month
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The launch of adult recreational cannabis generated gross sales of more than $24 million in 212,433 transactions from April 21 to May 21.

New Jersey legal weed sales topped $24 million in the first month of the roll out at a dozen locations, according to the state Cannabis Regulatory Commission.

By all accounts, the numbers are robust and show a lot of room for growth, Jeff Brown, the CRC’s executive director, said at Tuesday’s monthly board meeting. Brown’s remarks came before the panel listened to presentations from three medical dispensaries, also known as three alternative treatment centers, to add stores.by the CRC on Tuesday for Woodbridge, Eatontown and Union, all owned by AYR, which recently acquired Garden State Dispensary; for Lodi, owned by TerrAscend; and for Montclair, owned by Ascend. Curaleaf in Edgewater Park also opened on Wednesday after a month delay to expand its parking lot.

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