A New Jersey hemp company is suing a Massachusetts biotech company claiming it operated a “Ponzi scheme” by using more than $700,000 it raised from the firm to fund its own projects, Salem News reports. In its lawsuit against the Salzman Group, Delta Technologies claims the drug development company took their money and used their machinery in other, failed, projects. According to the lawsuit, Salzman Group Chairman and CEO Dr. Andrew Salzman agreed to put together a “large team of scientists” to help Delta and its… Read more.
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Tag: New Jersey
The sites of two defunct South Jersey diners may soon go from serving breakfast to bud as cannabis businesses in the Garden State look to give them new life as marijuana dispensaries. Plans are underway to convert the closed Marlton Diner in Marlton and Mount Laurel’s Sage Diner to cannabis shops, as first reported by the Courier Post. A firm known as Enlighten Health & Wellness LLC will operate the former Marlton Diner location on Route 70, and NJ Green… Read more.
On March 8, the state’s largest and most comprehensive cannabis business conference will feature more than 40 vendors and 29 speakers, offering just about everything a Garden State legal weed operator needs to know and the people they need to meet to succeed. Doors open at 9 a.m. with the keynote speaker, the state’s top cannabis regulator Dianna Houenou, opening the all-day event at 10 a.m. at the DoubleTree Hotel at the Newark Airport. Tickets are on sale now for the conference. A select… Read more.
New Jersey's Casino Reinvestment Development Authority approved a proposal that would bring a 10,000-square-foot cannabis dispensary and lounge to Atlantic City's historic Claridge Hotel and former gambling casino where Marilyn Monroe once judged the Miss America Pageant. The Claridge Hotel, which opened in 1930 during the Great Depression as the last of the great hotels built near Atlantic City's Boardwalk, is making space for the High Rollers Dispensary on what used to be its casino floor. The Claridge is now a stand-alone hotel with no gambling. Because the Claridge does not technically… Read more.
Biggest cannabis industry event on N.J. legal weed trends on March 8: Speakers, topics, how to buy tickets
March 2023 marks the fifth anniversary since NJ Cannabis Insider launched with a weekly newsletter and seasonal conferences. With the market open for nearly a year, hundreds of companies permitted to open cannabis operations, and more to come, this will be our biggest business conference, yet. For March 8, NJ Cannabis Insider’s all-day conferencewill be the state’s largest business networking event, featuring more than two dozen speakers and several new features to mirror what’s happenings in the industry. Tickets are on sale… Read more.
Women-led multi-state operator The Flower Shop is focused on curating a larger selection of cannabis flower and products in a growing number of state markets. The company showcases artisan and craft cannabis products in a reimagined retail setting tailored to appeal to both men and women. “We operate in Arizona, Utah, New Jersey, and we will be going to Florida—hopefully soon,” says President of The Flower Shop Greta Brandt, as the company is currently securing licensing in the newer states. As president… Read more.