The New Jersey’s cannabis business community is very excited about the official legalization of Cannabis. As the community waits for Governor Phil Murphy to sign the cannabis legislation into law, the expectations are quite high. Once the Governor signs the legislation into law, New Jersey’s marijuana industry will officially be launched.
Some feel that the Governor is taking quite long to put his signature on the legislation. It will mark the official beginning of the marijuana rush in the Garden State as the industry aims at making billions of dollars from the profitable industry.
According to Enrique Lavin, there has been great interest in the cannabis industry since the Election Day when voters in New Jersey voted for legalization of adult-use cannabis. Enrique is the editor and publisher of NJ Cannabis Insider. The journal dedicated the weekly segment to focusing on the marijuana sector and the much anticipated legalization. Enrique said that every insider he had spoken to recently talked about the great interest in the cannabis industry. The industry also expects a boost after the inauguration of President Biden.
As the launch of the recreational market remains highly awaited, the New Jersey Cannabis Insider has set out a number of sessions for networking and conferences about the same. The first virtual event by the insider will take place on Tuesday morning and will take two hours. The video conference already sold out with more than 100 people registering to attend. According to the video conference organizers, there are an additional several dozen people who are on the event’s waiting list.
Chief of Business Development for Harvest360, David Serrano, advised that it is normally tough at the beginning of any venture. The start can also be expensive and confusing and that a good and reliable network is essential to ensure business success. With Covid-19, interactions and networking have been greatly affected. The organizers of the virtual conference are, however, hopeful that such forums will serve their purpose for the growing cannabis industry.
There are many sponsors who are looking into getting to connect with the anxious and motivated audience. They include Genova Burns and Brach Eichler law firms that have practiced cannabis law for a very long time. Another sponsor is the Supreme Security Systems, a company that serves cannabis growers in New Jersey.
An executive at the security company, Dan Jensen, said that their motivation is the fact that security is an important aspect for the cannabis industry and anyone in business. Security technology in this sector keeps changing and businesses should consider getting a cannabis security professional that is trusted.
Among those scheduled to attend the conference are executives representing firms in real estate, PR, delivery, laboratories and more. Last year, NJ Cannabis Insider got into partnership with Advance Local where they hosted a national live stream with great entities and powers in the cannabis industry. Among the main guest speakers were Congressman Jim McGovern and Congressman Earl Blumenauer. The cannabis industry is psyched up and many are anxious to see how events will unfold.