I'M RETURNING
EVERY DAY.
>> ALL WEEKEND WE HAVE TO SEE A
JOURNAL FOR BAGS. ALRIGHT,
CANNABIS SKIES
ENTREPRENEURS OUT IN NEW JERSEY
AND A SNAG WITH THE STATE
DEPARTMENT OF HEALTH
EXPERIENCED A TECHNICAL GLITCH
IN THE
APPLICATION PROCESS. A COURT
ORDERED THAT THE DEPARTMENT TO
HALT THE REVIEW OF A 150
APPLICATIONS FOR MARIJUANA
DISTRIBUTION LICENSES. ALL
BECAUSE SOME MIGHT HAVE BEEN
REJECTED AS A RESULT OF A
TECHNICAL PROBLEM AND THERE'S
ONLY 6 MEDICAL MARIJUANA
DISPENSARY IS IN NEW JERSEY TO
SERVE
60,000 PATIENTS.
>> JOINING US NOW IS MICHAEL
MCQUEENY SHARE CANNABIS
PRACTICE GROUP GENOVA BURNS, A
MICHAEL GREAT TO HAVE YOU HERE
AS ALWAYS SO WHAT IS HAPPENING
IN THE GARDEN STATE THAT
THEY'RE STRUGGLING SO MUCH TO
GET MARIJUANA DISTRIBUTED.
>> AND GETTING IT OFF THE
GROUND.
>> SO THIS IS THE HOLIDAY
SEASON. WE START OF THE HOLIDAY
SEASON. WE THOUGHT WERE GOING
TO COME THE CHRISTMAS TO GET TO
GIFTS. ONE WAS THE ADULT USE
LEGALIZATION BILL, THE OTHER
ONE WAS 24 NEW LICENSES HERE WE
ARE DECEMBER 26 ALL WE'VE GOT
IS A BUNDLE A CALL SO SO THE
ISSUE HERE IS IS NOT JUST THE
DELAYS FROM THE
APPELLATE DIVISION. BUT ALSO
THE DELAYS STEMMING FROM THAT
YOU POINT OUT WE'VE HAD 6
LICENSES THROUGHOUT THE HISTORY
OF OF THE STATE TO THIS POINT.
A 7TH JUST OPENED UP WITHIN THE
LAST 2 WEEKS BUT THAT 7TH WAS
AWARDED DECEMBER OF
2018. THEY WERE THE QUICKEST TO
GET OPEN AND EVEN THAT TOOK A
YEAR SO THE MORE THE APPELLATE
DIVISION STAYS THIS PROCESS THE
LONGER OUT THOSE 63,000
PATIENTS YOU REFERENCE ARE
GOING TO ANY
REALLY WELL.
>> WHAT DO WE KNOW WHAT
HAPPENED WITH THIS LAST BILL
BECAUSE IT REALLY SEEMED LIKE
GOVERNOR MURPHY WAS VERY
BULLISH ON THE OUTLOOK FOR THAT
I MEAN
IT WASN'T NEW JERSEY FOR AS
LONG AS WE'VE BEEN THERE IT IS
SO IT'S JUST LIKE THIS LIKE THE
INSIDE POCKETS, CHRISTIE WAY.
IT IS SO FUNDAMENTALLY CHANGE
AND THAT'S LARGELY WHAT MURPHY
GOT HIMSELF TO THE GOVERNOR'S
MANSION ON
WHAT WHAT WRONG AND NOW WHAT
ARE WE EXPECTING THAT OF VOTERS
NOW THAT'S BEING TURNED OVER
THEIR HANDS FOR NOVEMBER,
2020.
>> YES, I LISTEN WHAT WENT
WRONG. THE SHORT ANSWER IS
POLITICIANS BEING POLITICIANS
WE HAVE THIS PHRASE POWER TO
THE PEOPLE. THE POLITICIANS,
YOU KNOW WE'RE A LITTLE BIT
CONCERNED AS TO THEIR POLITICAL
COVERAGE ON THIS ISSUE SO SET
OF POWER TO THE PEOPLE THEY
SAID LET'S PUT TO
THE PEOPLE AND THAT'S WHERE
WE'RE AT NOW IN TERMS OF WHERE
WE GO WITH THE REFERENDUM ON
POSITIVE ON I MEAN AGAIN AS YOU
POINT OUT GOVERNOR MURPHY GOT
ELECTED IN 2017 BASED ON
RUNNING ON THE PLATFORM.
I WANT TO DON'T USE
LEGALIZATION I WANT I WANT I
DON'T USE
CANNABIS WITHIN FIRST 100 DAYS
WE DIDN'T HAVE THAT FOR 2 YEARS
LATER, BUT BUT THE POLLING IS
THERE WE HAVE 66% OF VOTERS
WERE FOR AN ADULT USE PROGRAM.
WE JUST COULDN'T GET THE
CRITICAL MASS OF LEGISLATORS BY
ALL ACCOUNTS FOR ONLY ONE OR 2
VOTES AWAY IN THE SENATE ONE OR
2 VOTES AWAY IN THE SENATE
FROM HAVING A PROGRAM INITIATED
JANUARY ONE WE'RE GONNA HAVE TO
WAIT AND THAT WILL BE
WAIT UNTIL.
>> COME NOVEMBER RIGHT EXACTLY
THAT THE VOTERS WILL THEN
BASICALLY BE THE ONES
RESPONSIBLE FOR THAT COULD
NEIGHBORING STATES NEW
YORK OR OTHER STATES OUT THERE
COULD THEY
BASICALLY HELP NEWARK NEW
JERSEY WHEN IT COMES TO THESE
THESE THESE MEDICINAL LICENSES.
SO LISTEN
THE PROBLEM. I DON'T USE AS
COMPARED TO MEDICAL, I I DON'T
THINK WE SEE AS MUCH
CROSS-BORDER TRAFFIC I THE
WHOLE QUESTION IS IS THIS GOING
SAID DEVISE NEW YORK TO WANT
TO.
>> GET GET GET UP TO THE PLATE
AND STEEL THAT TACTIC, THERE'S
ALWAYS BEEN THE COMPETITION
BETWEEN THOSE 2 IS TO SAY TO
ANYONE WHO IS GOING TO GET
FIRST THAT'S RIGHT. I MEAN LOOK
AND WE'RE IN NEW
YORK CITY THAT THE FUNNIEST AD
I'VE HEARD IN TERMS OF CANNABIS
CONSUMPTION IS THAT NEW YORK
CITY IS THE
NUMBER ONE CANNABIS CONSUMPTION
CITY IN THE WORLD NEW YORK NEW
YORK CITY RESIDENTS CONSUME 77
METRIC TONS A YEAR OH MY GOD
IT'S ALMOST DOUBLE THE
NEXT CITY. SO EVERYONE'S HERE.
THE HANDWRITING IS ON THE WALL
ALL CULTURALLY CANNABIS IS HERE
THE WHOLE QUESTION IS WHICH
POLITICIANS GOING TO THE ONE
THAT MAKES THE BIGGEST JUMP AS
WE POINT OUT IT'S SAFER TO PUSH
IT TO THE VOTERS
THAT WE HAVE POLITICAL
COVERAGE, HEY IT WASN'T ME IT
WAS THEM.
>> DOCTORS BIT MORE ABOUT THE
POLICY SPECIFICALLY THE STATE
NEW JERSEY LOOK BACK AT THE
GOVERNOR'S MANSION HAS BEEN
LIKE. BACK TO 80'S 90'S,
YOU KNOW, AND LIKE SEVERAL
REPUBLICANS AND SEVERAL
DEMOCRATS AND YOU BASICALLY
GOING ONE FOR ONE FOR ONE RIGHT
CHRISTINE TODD WHITMAN
REPUBLICAN TO A DEMOCRAT CHRIS
CHRISTIE NOW BACK TO
A DEMOCRAT THE STATE IS VERY
PURPLE YOUR BIG SWINGS THE
BLUES AND THEN YOUR BIG SWINGS
AND I MEAN ARE WE EVEN SEE MORE
AND MORE CONCERN
OF LEANING VOTERS WARM UP TO
THIS ISSUE LIKE WE ARE MANY
OTHER PARTS OF THE COUNTRY ARE
SAYING OK, YES WE ARE
REPUBLICANS WE'RE BIG SHE CAN
SERVICE BUT FINALLY CAN WE HAVE
A CONVERSATION FROM THE HEIGHT
OF
OUR INTELLIGENCE ABOUT WHY SOME
DEGREE OF LOU CITY WHAT WE WANT
HELP ON THIS ISSUE IS
SO IMPORTANT.
>> WELL I YOU KNOW THAT'S THE
IRONY IN KIND OF A CENTURY A
STATES RIGHTS ISSUE WHICH IS
TYPICALLY A CONSERVATIVE
REPUBLICAN ISSUE. IT'S MORE OF
AN AGE BASED SO WE TALK
ABOUT THIS 20 TIMES ARE 66% OF
NEW JERSEYANS WERE FOR DON'T
USE LEGALIZATION. WHEN YOU
THINK IT'S 66% OF NEW JERSEY
AND FOR ADULT USE LEGALIZATION.
WHEN YOU WHEN YOU SHIFT THE
AGE DEMOGRAPHICS OF THAT AND
YOU GET TO UNDER 50 THAT
NUMBERS IN THE HIGH 70'S, SO
IT'S MORE OF AN AGE RELATED
ISSUE BECAUSE
I THINK PEOPLE OF A CERTAIN AGE
WHEN HIS PLANE WASHED BY THE
WAR ON DRUGS AND ALL THE
PROPAGANDA THAT WENT
INTO THAT. AND THERE'S MORE
PEOPLE KIND OF OF THAT
MILLENNIAL DEMOGRAPHIC AND AND
OLDER WHO IT WAS LIKE TO SEE
SAW THE REAL WORK ON DRUGS
WHICH WAS WHICH WAS THE EFFECT
OF OPIOIDS HONOR
UNITY AND KNOW THE DIFFERENCE
BETWEEN THE BAD DRUGS AND
CANNABIS AND THEY'VE DRAWN THE
DISTINCTION THE DRAWN THAT LINE
IN THE SAND THEY SEE WHERE
THINGS ARE GOING.
AND SO AGAIN IT'S A QUESTION OF
WHEN NOT IF I'D 2020 OBVIOUSLY
JERSEY GOING.
>> HAVE THIS ON THE BALLOT THIS
COULD BE OTHER STATES LOOKING
TO DO THAT AS WELL COULD THIS
BE ONE OF THE GREENEST YEARS
FOR THE INDUSTRY. IN
NEXT YEAR 20 20 TIMES THE
AMOUNT OF
STATE SUMMIT HAVING ON THE
BALLOT. I THINK THE EAST COAST
IS PIVOTAL HERE. I THINK THE
EAST COAST IS SO MUCH DIFFERENT
THAN THE WEST COAST IN TERMS
OF LEGALIZATION.
>> OUR LICENSING STRUCTURES ARE
SO MUCH MORE COMPETITIVE,
THERE'S SO MUCH MONEY BUILT IN
HERE I ACTUALLY THINK ILLINOIS
WAS WAS A TIPPING POINT
I THINK AND AS WE SAW
PROGRESSIVE IN TERMS OF
LEGISLATION
EXACTLY EXACT AND AGAIN
ILLINOIS TOOK A LOT OF THE
EQUITY PROVISIONS FROM NEW
JERSEY RATES AGAIN EVERYONE IS
BORROWING FROM OUR CONCEPTS AND
IDEAS WE JUST HAVE TO GET TO
THE POINT WE CAN EXECUTE ON OUR
OWN CONCEPTS.
>> AN ILLINOIS RIGHT OR TO THE
NOVEMBER 1ST GENERATE
JANUARY ONE THAT THAT'S WHAT IT
TURNED INTO A LOT OF STATE THE
LATENCY PERIOD REAGAN RIGHT ON