The New Jersey Cannabis Regulatory Commission (CRC) voted not to renew state marijuana business licenses for Curaleaf Holdings, a move the multistate operator is vowing to fight.
The regulators’ decision on Thursday comes weeks after Curaleaf announced it was closing a cultivation facility in Bellmawr, New Jersey.
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CRC board members “cited the closure, along with the company’s clash with unionization and its lack of transparency with the state, as reasons for rejecting Curaleaf’s license renewal,” according to nonprofit news outlet New Jersey Monitor.
In a Friday news release, Curaleaf said the action affected the renewal of its “cultivation and retail licenses for adult-use.”
Curaleaf Chair Boris Jordan called the decision “very disappointing,” noting that the CRC board’s decision not to renew the licenses “overrode the commission’s own staff recommendation that our adult use licenses be renewed.”
“We believe the CRC Board has wrongly interpreted the
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