EDITOR’S NOTE: On May 20, NJ Cannabis Insider in collaboration with Advance Media New York hosts a virtual business networking event, featuring some of New York state’s most prominent industry leaders. Tickets are limited.
A cannabis company has opened its flagship medical marijuana dispensary in North Jersey, becoming the 17th in the state as buzz continues to grow around legal weed sales.
The Apothecarium, owned by the Canadian company TerrAscend, opened in Maplewood Friday afternoon. It’s the company’s second medical dispensary to open in New Jersey (the first opened in Phillipsburg in November), but TerrAscend hopes it will also serve the 21 and older market once legal weed sales begin.
“We think that this is going to be one of the best supplied dispensaries in the state,” said Greg Rochlin, head of TerrAscend’s northeast operations.
Gov. Phil Murphy in February signed a law that makes cannabis use legal for those 21 and older. But the Cannabis Regulatory Commission must still develop rules and regulations for the industry and license new dispensaries — a process that could take months.
The new Apothecarium dispensary is the company’s largest East Coast store. Rochlin expects it to see a high demand from patients in densely populated Essex County —