New Jersey Cannabis Trade Association
- Company typePrivate
- Founded2020
- HeadquartersTrenton, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
New Jersey Cannabis Trade Association firmographics
Firmographics- Name
- New Jersey Cannabis Trade Association
- Legal name
- New Jersey Cannabis Trade Association
- Website
- https://njcannabistrade.org
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
New Jersey Cannabis Trade Association industry classification
Industry- Product category
- Cannabis Industry Trade Association
- SIC
- Services-Membership Organizations (8600), Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122)
- akta.pro primary industry
- Cannabis Dispensary Chains & Multi-Location Operators (MSO/Regional) (CRANAFAD)
- akta.pro secondary industries
- Adult-Use (Recreational) Cannabis Delivery & Online Ordering (CRANAGAH), Medical Cannabis Delivery & Online Ordering (CRANAGAG)
Keywords
Where New Jersey Cannabis Trade Association is headquartered
LocationHeadquarters
- HQ city
- Trenton
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
New Jersey Cannabis Trade Association business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations
Revenue model
- Membership Dues: NJCTA generates revenue through membership dues from licensed cannabis operators. Membership is open to any entity licensed by the State to operate in the regulated cannabis industry, including medical and adult-use cannabis companies, vertically integrated and standalone permit holders.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels8 records
New Jersey Cannabis Trade Association product offering
Product offeringCore offering
The NJCTA is a trade association that provides advocacy, regulatory representation, and educational resources on behalf of licensed medical and adult-use cannabis operators in New Jersey. Its services include policy advocacy before the Cannabis Regulatory Commission and state legislature, networking, Business Builder Series webinars, a Municipal Toolkit for municipalities, and white papers and market reports on cannabis policy issues. Revenue is generated through membership dues paid by licensed cannabis operators.
Product overview
The NJCTA is a trade association for New Jersey's licensed medical and adult-use cannabis operators, not a technology product company. It offers advocacy services, the Business Builder Series educational webinars, Municipal Toolkit resources, and research publications including white papers on hemp regulation and market reports. These services support industry operators through education, policy advocacy, and resource sharing rather than software products or platforms.
Differentiator
Problem solved
Functional benefit
Products and services
- NJCTA Membership Membership in the New Jersey Cannabis Trade Association is open to any entity licensed by the State of New Jersey to operate in the regulated cannabis industry, including medical and adult-use operators, vertically integrated and standalone permit holders. Members receive advocacy before the Cannabis Regulatory Commission and legislature, networking opportunities, educational resources including Business Builder Series webinars, scholarship programs, and policy research.
- Business Builder Series Social equity-driven webinar series providing aspiring cannabis entrepreneurs and applicants direct access to industry experts, offering insights and best practices to support success in New Jersey's cannabis marketplace.
- Municipal Toolkit Set of resources provided to New Jersey municipalities seeking to address the issue of unregulated intoxicating cannabinoids being sold from stores within their municipal borders.
- NJCTA White Papers and Market Reports Comprehensive analysis including a white paper on intoxicating hemp-derived cannabinoids offering insights to the New Jersey State Legislature on regulating these products, and a market report exploring slow licensing approvals and weak sales figures impacting operators and investor confidence.
Quantifiable outcome
- Successfully advocated for decoupling Section 280E from NJ state tax code, allowing cannabis operators to deduct business expenses
- +3 more outcomes
Companies that use New Jersey Cannabis Trade Association
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles2 records
New Jersey Cannabis Trade Association technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
New Jersey Cannabis Trade Association partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Coalition for Medical Marijuana - New JerseycoreOngoing collaboration on patient advocacy, home cultivation issues, and ensuring patient needs remain a priority at Alternative Treatment Centers. NJCTA submitted waiver request for patient-only hours elimination in partnership with this coalition.
- United Food and Commercial Workers, Local 360 (UFCW)coreJoined forces with UFCW and NJCBA to advocate for the return of an expedited onboarding process and address employee badging delays in the cannabis industry.
- New Jersey CannaBusiness Association (NJCBA)coreCollaborated with NJCBA to request reinstatement of expedited onboarding process for cannabis industry workers.
- Rutgers Law SchoolminorNJCTA sponsors a scholarship for Rutgers Law School's Certificate in Cannabis Law and Business program, providing education on rules and regulations of NJ's legal cannabis industry.
- Mercer County Community CollegeminorPartnership to provide NJ Cannabis Certified industry training course; NJCTA provides six scholarships for individuals meeting financial need criteria.
- Valley WellnessminorValley Wellness CEO Sarah Trent developed the NJ Cannabis Certified course; NJCTA partners to provide scholarships and job placement connections for graduates.
- New Jersey Cannabis Equity AssociationminorHosted panel discussion at Bakin' Bad Dispensary alongside this association to gather feedback from operators across the state on Social Equity Excise Fee concerns.
- Foley HoagcoreMichael McQueeny serves as General Counsel of NJCTA and is a Partner in Foley Hoag's national Cannabis Practice, providing legal guidance on regulatory matters.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
New Jersey Cannabis Trade Association competitors and assessment
Company assessmentDirect peers
- Michigan Cannabis Industry Association: Michigan's state trade association for licensed cannabis operators. Directly comparable to NJCTA in mission and structure — both advocate for licensed operators, provide educational resources, and engage with state regulatory bodies on behalf of members.
- Massachusetts Cannabis Trade Association: State-level trade association for licensed cannabis operators in Massachusetts. Highly comparable to NJCTA given the similar Northeast regulatory environment, adult-use legalization timeline, and focus on operator advocacy before the state Cannabis Control Commission.
- Oregon Cannabis Association: Oregon's state trade association representing licensed cannabis businesses across cultivation, processing, and retail. Comparable to NJCTA in serving as the unified voice of licensed operators before the Oregon Liquor and Cannabis Commission and state legislature.
- New York Cannabis Industry Association: New York State trade association for licensed adult-use cannabis operators. Directly comparable to NJCTA given geographic proximity, similar adult-use legalization timeline, and parallel regulatory challenges (licensing delays, equity provisions).
- California Cannabis Industry Association: State-level trade association representing licensed cannabis operators in California. Directly comparable to NJCTA in structure, function, and member base — both are nonprofit associations that advocate before state regulators and legislators on behalf of licensed cannabis operators.
Emerging players
- Coalition for Medical Marijuana - New Jersey: New Jersey-based patient advocacy organization with which NJCTA has an explicit ongoing collaboration. Comparable as a New Jersey cannabis advocacy stakeholder, though its primary focus is patient access rather than licensed-operator policy.
Broad incumbents
- National Cannabis Industry Association (NCIA): NCIA is the largest national trade association for the U.S. cannabis industry, advocating before federal agencies and Congress. It is comparable to NJCTA as a membership-based advocacy organization serving licensed cannabis operators, but operates at federal scope rather than a single state.
- National Cannabis Roundtable: National advocacy coalition of leading cannabis companies focused on federal policy reform (e.g., SAFE Banking, tax reform). Comparable to NJCTA in advocating for licensed-operator interests, but operating at federal scope with a membership base of large MSOs — many of whom also sit on NJCTA's board.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
New Jersey Cannabis Trade Association social profiles
Digital presenceNew Jersey Cannabis Trade Association financial estimates
Financial estimateRevenue estimate
Valuation estimate
New Jersey Cannabis Trade Association leadership team
Management profileNumber of profiles
Profiles6 records
New Jersey Cannabis Trade Association funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
New Jersey Cannabis Trade Association M&A and investment
M&A and investmentM&A
Investments
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Frequently asked questions about New Jersey Cannabis Trade Association
What does New Jersey Cannabis Trade Association do?
The NJCTA is a trade association that provides advocacy, regulatory representation, and educational resources on behalf of licensed medical and adult-use cannabis operators in New Jersey. Its services include policy advocacy before the Cannabis Regulatory Commission and state legislature, networking, Business Builder Series webinars, a Municipal Toolkit for municipalities, and white papers and market reports on cannabis policy issues. Revenue is generated through membership dues paid by licensed cannabis operators.
Is New Jersey Cannabis Trade Association a public or private company?
New Jersey Cannabis Trade Association is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was New Jersey Cannabis Trade Association founded?
New Jersey Cannabis Trade Association was founded in 2020. It employs 1 to 10 people.
Where is New Jersey Cannabis Trade Association based?
New Jersey Cannabis Trade Association is headquartered in Trenton, United States, in the North America region.
How does New Jersey Cannabis Trade Association make money?
One revenue line is on record: membership Dues.
Who are New Jersey Cannabis Trade Association's main competitors?
Direct peers on record are Michigan Cannabis Industry Association, Massachusetts Cannabis Trade Association, Oregon Cannabis Association, New York Cannabis Industry Association and California Cannabis Industry Association. Coalition for Medical Marijuana - New Jersey is listed as an emerging player. Broad incumbents are National Cannabis Industry Association (NCIA) and National Cannabis Roundtable.
Does New Jersey Cannabis Trade Association have an API?
No public API is recorded for New Jersey Cannabis Trade Association.
What industry is New Jersey Cannabis Trade Association in?
New Jersey Cannabis Trade Association's product category is Cannabis Industry Trade Association. Its primary akta.pro industry code is CRANAFAD, Cannabis Dispensary Chains & Multi-Location Operators (MSO/Regional), with a secondary code of CRANAGAH, Adult-Use (Recreational) Cannabis Delivery & Online Ordering. Its SIC code is 8600.