Since the passing of the Jake Honig Compassionate Use Medical Cannabis Act and the subsequent expansion under the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization (CREAMM) Act in 2021, New Jersey’s cannabis industry has taken meaningful strides.
As of early 2025, New Jersey has approximately 190 licensed and operational cannabis dispensaries across all 21 counties. This marks significant growth since February 2024, when the state reported 102 dispensaries, including both medical and adult-use facilities, with hundreds of conditional licenses in various stages of development.
Retail cannabis sales in New Jersey are projected to exceed $1 billion in 2025, roughly a 33% increase over 2024 sales. Driving growth is increased consumer demand, broader product availability, and new dispensaries opening their doors each quarter. Towns that have opted for adult-use sales are beginning to see positive economic impact, from job creation to local tax revenue.
