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Details and Vision
SITUATION
Essayons Greenery plans to enter the New Jersey Adult Cannabis market early and operate in key locations.
Recreational Cannabis Legalization
Cannabis has been decriminalized in NJ. effective as of February 24, 2021. The New Jersey Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act legalizes the possession and personal use of small amounts of cannabis for individuals age 21 and over. The bill also legalizes the manufacture, distribution, and sale of cannabis. Adult-use products will face a 6.625% sales tax and municipalities could also pass ordinances to charge local taxes of up to 2%.
Products
Essayons Greenery plans to produce a variety of premium cannabis products to give consumers more choices based on their preferences. As capacity increases, we will engage in producing cannabis edibles, vaper pens and other consumables.