Nearly 70% of New Jerseyans are in favor of legalizing cannabis, according to the most recent poll — making it likely voters will pass the ballot referendum to do just that on Nov. 3.
What are the social and economic impacts to your community is something the state’s city mayors and other municipal officials have been discussing since before Gov. Phil Murphy made expanding the medical marijuana program and legalizing recreational weed a campaign promise more than three years ago.
“Communities are slowly getting themselves around to the idea that medical cannabis is OK, but they’re definitely not there when it comes to recreational,” said Alixon Collazos, a cannabis market consultant at The BGill Group.
Even though there’s been a growing acceptance of medical cannabis, especially after it was deemed an essential service during the pandemic, Collazos says towns are still hesitant to allow it in their communities because the plant still carries a lot of stigma.
“Cannabis may not be right for every town,” Fanwood Mayor Colleen Mahr, a past president of the state League of Municipalities told NJ Cannabis Insider earlier this year. “That’s why it’s important to create a regulatory structure conducive for appropriate locations and protections where it’s inappropriate.”
On Tuesday at 10:30 a.m., Mahr and Collazos will join several industry insiders during the forum “Cannabis Legalization and Your Town.”
Presented by The BGill Group,this symposium, which will be livestreamed on Zoom, will will cover many of the questions communities have about the plant, how will state regulations affect home-rule, and what are the societal impacts — including the social justice aspect and the economic benefits municipalities stand to gain.
The program, moderated by NJ Cannabis Insider’s Justin Zaremba, will also feature an introductory Q&A with Jeff Brown, the head of the Department of Health’s state medical cannabis program.
Other featured speakers include:
Jennifer Cabrera, who serves as counsel at Vicente Sederberg and co-manages the firm’s New York office. In this role, she helps clients with regulatory and commercial matters relating to cannabis and hemp with a focus on New York and New Jersey markets.
Stacey D. Udell is the director of valuation, litigation and forensics for the Mid-Atlantic Region of HBK Valuation Group. She’s a core member of HBK’s Cannabis Industry Group and has helped cannabis entities develop strategies to maximize the value of their firms.
Scott Rudder is the founder and president of New Jersey CannaBusiness Association, the state’s largest cannabis trade group. Rudder is a veteran, who served as state Assemblyman and a mayor. He had also led business development efforts for Lockheed Martin Corporation with a focus on energy systems and radar programs.
For the Tuesday event, audience members will be able to post questions during the webinar. Priority given to municipal officials. To reserve tickets, go to https://njcannabisinsider.nj.com/wp/conferences/
NJ Cannabis Insider is a weekly subscriber-based trade journal produced by NJ Advance Media, which has also produced several live events.
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