In January, New Jersey became the 14th state to allow the use and sale of medical marijuana. The law goes into effect July 1, but it may be several months beyond that before the state has regulations in place and the “alternative treatment centers” — marijuana dispensaries — where patients will be able to legally get cannabis.
For now, dozens of hopeful entrepreneurs are quietly setting up nonprofit groups that will apply to run the first dispensaries in the most populous state outside California to legalize medical marijuana, reports Geoff Mulvihill of
The Associated Press.
Anne M. Davis, a lawyer who consults with several people interested in opening dispensaries, said she’s hearing from current drug dealers who want to go legal, caregivers who already get marijuana for the sick, and career changers, including commercial real estate agents who are suffering in the slow economy.
“They think, ‘Hey, I’m going to open this great business and I’m going to make a fortune,” Davis said. “But that’s not what it’s going to be. It’s going to be very strictly regulated in New Jersey.”