Overview
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09.05.2025
Speaking Engagements & Seminars
Mid-Atlantic Review
Chair of Archer’s Cannabis Group, Bill Caruso, will be presenting the program “Mid-Atlantic Review” at the 2025 New Jersey Cannabis Convention. The Mid-Atlantic is the country's hottest cannabis market with a balanced approach to market maturity, opportunity based in solid fundamentals like competitive real estate and population radiuses, and new adult use markets still emerging completely in PA and VA. Bill, along with a panel of industry experts will address how the Mid-Atlantic region is navigating the cannabis market. Panelists will discuss the emerging Pennsylvania and Virginia adult use markets, how Delaware is handling their entry into the market and a look ahead to more licensing rounds for entrepreneurs in Maryland.
05.29.2025
In the News
N.J. Lawmakers Mull Whether to Recriminalize Some Cannabis Sales, Purchases
Recently, New Jersey lawmakers deliberated a bill, sponsored by Senate President Nick Scutari, that would criminalize the sale and purchase of unlicensed marijuana. Senator Scutari explained that the bill addresses unlicensed brick-and-mortar stores as well as drug dealers. Under the bill, operating an unlicensed marijuana business would be a third-degree crime and knowingly purchasing from one of these sellers would result in a disorderly persons offense. Proponents of the bill see it as corrective measure to the black market that has continued to operate after the legalizations of recreational cannabis in New Jersey.
05.29.2025
In the News
Recriminalizing MJ Possession and Underground Legacy Crackdown NJ Senate Hearing Held
The New Jersey Senate Judiciary Committee recently held a hearing on a bill aimed at recriminalizing the purchase, sale and possession of unlicensed marijuana. Heady NJ covered the hearing in the article “Recriminalizing MJ Possession and Underground Legacy Crackdown NJ Senate Hearing Held.” Committee members debated both sides of the proposed bill. NJ Senate President Nick Scutari emphasized the looming collapse of the cannabis market if the price disparity between the underground market and legal dispensaries continues. Senator Scutari exclaimed at the hearing, “It is time for us to put in writing that you cannot buy illegal products. You can’t sell it. You can’t do it without a license.” Opposingly, Senator Troy Singleton explained, “We’ve literally taken the free enterprise system out of the regulated market because we’ve limited the amount of competition to a large measure.” He emphasized that the collapse of the legal cannabis market may come from within due to the high pricing practices around the corporate aspect of the industry.
