Exactly 296 days after New Jersey's governor signed the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act (the Act) into law, the state's Cannabis Regulatory Commission (CRC) began accepting license applications to operate specific cannabis businesses. The first day applications were accepted was Dec. 15, 2021, which date will undoubtedly go down in history and marks the first step toward creating New Jersey's personal, adult-use cannabis market.