{"id":2521657,"date":"2023-03-17T08:00:00","date_gmt":"2023-03-17T12:00:00","guid":{"rendered":"https:\/\/platoai.gbaglobal.org\/platowire\/real-estate-issues-persist-after-new-jerseys-cultivation-cap-expiration\/"},"modified":"2023-03-19T13:49:03","modified_gmt":"2023-03-19T17:49:03","slug":"real-estate-issues-persist-after-new-jerseys-cultivation-cap-expiration","status":"publish","type":"platowire","link":"https:\/\/platoai.gbaglobal.org\/platowire\/real-estate-issues-persist-after-new-jerseys-cultivation-cap-expiration\/","title":{"rendered":"Real Estate Issues Persist After New Jersey&#8217;s Cultivation Cap Expiration"},"content":{"rendered":"<p>The recent expiration of New Jersey\u2019s cultivation cap has left many in the real estate industry with lingering concerns. The cap, which limited the number of medical marijuana dispensaries in the state, was lifted on July 1, 2019. While this has opened up new opportunities for those interested in entering the medical marijuana industry, it has also created a number of issues for those already in the real estate market. <\/p>\n<p>One of the most pressing issues is the potential for over-saturation of the market. With the cap lifted, there is now no limit to the number of dispensaries that can be opened in New Jersey. This could lead to an influx of businesses competing for the same customers, which could drive down prices and make it difficult for existing businesses to remain profitable. <\/p>\n<p>Another issue is the potential for increased competition for real estate. With more dispensaries opening up, there will be more demand for commercial and retail space. This could lead to higher prices for real estate, as well as increased competition for available properties. <\/p>\n<p>The expiration of the cultivation cap has also raised concerns about safety and security. With more dispensaries opening up, there is a greater risk of criminal activity in the area. This could lead to an increase in crime rates, as well as a decrease in property values. <\/p>\n<p>Finally, there are also concerns about the impact on local communities. Many towns and cities have been hesitant to allow dispensaries to open up due to fears of increased crime and other negative impacts. This could lead to a decrease in economic activity in these areas, as well as a decrease in property values. <\/p>\n<p>The expiration of New Jersey\u2019s cultivation cap has opened up new opportunities for those interested in entering the medical marijuana industry. However, it has also created a number of issues for those already in the real estate market. These issues include potential over-saturation of the market, increased competition for real estate, safety and security concerns, and potential impacts on local communities. It is important for those in the real estate industry to be aware of these issues and take steps to address them in order to ensure their success in the future.<\/p>\n<ul class=\"plato-post-bottom-links\">\n<li class=\"plato-post-bottom-link-amplifi\">SEO Powered Content &amp; PR Distribution. <a href=\"https:\/\/www.amplifipr.com\" target=\"_blank\" rel=\"noopener\">Get Amplified Today.<\/a><\/li>\n<li class=\"plato-post-bottom-link-platoblockchain\">Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. <a href=\"https:\/\/platoblockchain.com\" target=\"_blank\" rel=\"noopener\">Access Here.<\/a><\/li>\n<li class=\"plato-post-bottom-link-source\"><span>Source: Plato Data Intelligence:<\/span> <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/platoaistream.com\">PlatoAiStream<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The recent expiration of New Jersey\u2019s cultivation cap has left many in the real estate industry with lingering concerns. The cap, which limited the number of medical marijuana dispensaries in the state, was lifted on July 1, 2019. While this has opened up new opportunities for those interested in entering the medical marijuana industry, it [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2527028,"menu_order":0,"template":"","format":"standard","meta":[],"aiwire-tag":[1383,14,2143,3194,439,11,342,1150,17,132,18,20,2159,649,21,281,1744,23,368,217,219,3977,8000,2335,1773,4312,4146,685,227,1324,2179,2180,8302,590,5050,321,654,8305,1504,3342,687,1195,21057,235,4319,1002,162,27677,689,50,54,3146,55,6049,690,56,168,6672,475,57,749,170,2216,58,3257,2948,60,885,2222,61,5696,482,692,1651,10024,816,2227,1244,178,693,8262,12362,10479,68,396,10058,13825,69,72,2743,179,9745,486,544,75,78,488,1534,2603,1257,823,184,5358,5,10,7,8,82,9207,1272,3360,6180,2970,21150,702,2109,406,1094,7026,302,491,2853,412,496,706,7824,2264,303,100,1993,710,101,711,108,109,3918,205,1995,110,206,305,207,111,8125,844,5979,9,212,123,124,125,6],"aiwire":[27723],"_links":{"self":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/platowire\/2521657"}],"collection":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/platowire"}],"about":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/types\/platowire"}],"author":[{"embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/users\/2"}],"version-history":[{"count":1,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/platowire\/2521657\/revisions"}],"predecessor-version":[{"id":2523214,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/platowire\/2521657\/revisions\/2523214"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/media\/2527028"}],"wp:attachment":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/media?parent=2521657"}],"wp:term":[{"taxonomy":"aiwire-tag","embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/aiwire-tag?post=2521657"},{"taxonomy":"aiwire","embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/aiwire?post=2521657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}