Four years ago, Compassionate Sciences was selected as one of six nonprofits approved to open a medical marijuana dispensary in New Jersey. Now, as state regulators examine the principals’ finances, workers hired to run the business inside a freshly painted former T-shirt factory in Camden County sit idle.
PalliaTech, the affiliated company that would operate the dispensary in Bellmawr, is not complaining – or waiting around.
PalliaTech is aggressively pursuing licenses to open cannabis dispensaries, grow sites, and laboratories in other states. This month, the Long Island-based company applied for a license in New York, which, unlike New Jersey, is fast-tracking its 18-month-old medical marijuana program.
“If we win, it will entitle us to open up four dispensaries and a grow-and-manufacture plant,” said Andrei Bogolubov, an executive vice president of PalliaTech, and a spokesman for that company and for Compassionate Sciences. [Read more at The Philadelphia Inquirer]
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