Bill Barlow
ATLANTIC CITY — One of the funny things about a gold rush is how few people get rich.
For Atlantic City’s green gold rush, the surge of cannabis dispensaries and the city’s wide-open approach to approving new weed businesses appears to have resulted in a glut on the market and some businesses struggling to get by.
So far, the city has granted support for more than 60 cannabis businesses, a necessary step for a business to gain a state license through the New Jersey Cannabis Regulatory Commission.
The Casino Reinvestment Development Authority, which acts as the planning board for the city’s Tourism District, has approved more than 40 proposals and has more in the process.
There are 15 cannabis dispensaries open in 48 blocks of Atlantic City, with numbers 16 and 17 on the wa