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New Jersey Pilot Program Offering $15M to Support Cannabis Operators
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New Jersey Pilot Program Offering $15M to Support Cannabis Operators
The New Jersey Economic Development Authority (NJEDA) Board has approved a $15 million pilot program designed to bridge capital gaps for adult-use cannabis cultivators, manufacturers, and testing laboratories. The program, dubbed NJ LEAF, aims to provide eligible applicants with grants ranging from $100,000 to a maximum of $1.5 million to help the businesses grow and stabilize their operations. NJEDA Chief Executive Officer Tim Sullivan said the…
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