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Cannabis Business Development (CBD) Grant

Cannabis Business Development (CBD) Grant

Funds licensed New Jersey cannabis operators with support for operational development and compliance readiness.

Between cyclesNew Jersey Economic Development AuthorityUnited StatesEligible in New Jersey
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About

The New Jersey Economic Development Authority's Cannabis Business Development (CBD) Grant provides a flat $75,000 reimbursement to licensed New Jersey cannabis businesses that have incurred documented eligible expenses. The grant targets operators holding active annual license digital cards issued by the NJ Cannabis Regulatory Commission, specifically Class 1 Cultivators, Class 2 Manufacturers, Cl…

What this grant funds

Licensed NJ cannabis cultivators, manufacturers, retailers, and testing laboratories.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—
Funding analytics

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Industries

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Eligibility criteria

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Application process

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What you have to submit

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Timeline

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Last verified: 24 Jul 2026Source: www.njeda.gov