A longtime medical hashish dispensary in New Jersey has struck a partnership with Acreage Holdings, the multistate marijuana enterprise that final month introduced former House Speaker John Boehner onto its board of administrators.
According to NJ.com, Compassionate Care Foundation in south New Jersey is teaming up with Acreage to assemble a 100,000-square-foot develop operation.
Acreage Holdings and Compassionate Care Foundation have each signed a letter of intent for a long-term administration contract for future operations and enlargement plans, NJ.com reported.
The dispensary can also be making an attempt to get approval from the state to open extra storefronts in three municipalities – Atlantic City, Cherry Hill and Moorestown – along with its flagship dispensary in Egg Harbor Township.
That will doubtless develop into attainable if the legislature indicators off on a invoice to increase New Jersey’s MMJ program considerably. The legislature can also be weighing leisure marijuana legalization.
New Jersey can be the 13th state in Acreage’s portfolio if the deal with Compassionate Care Foundation goes by means of.
Acreage has marijuana business pursuits in Arizona, California, Colorado, Connecticut, Florida, Illinois, Maine, Maryland, New York, Oregon, Pennsylvania and Washington state.