Premo opens second New Jersey cannabis dispensary in Dover
Operator expands retail footprint as New Jersey's adult-use market continues to grow with 197 open dispensaries.
FILE — retail · My 420 Tours / CC BY-SA 4.0Premo has opened a second recreational cannabis dispensary in Dover, New Jersey, according to NJBIZ. The expansion comes as the state's licensed retail network reaches 197 active locations, suggesting steady growth in the mature adult-use market despite ongoing licensing and enforcement challenges.
The Dover opening reflects broader retail momentum in the state. Recent coverage shows multiple municipalities—including Montclair, Lower Township, and South Jersey jurisdictions—moving to approve new dispensary licenses, while established operators like TerrAscend and Rise Paramus continue to expand or enter operations. However, the market also faces headwinds: Cannabist, a multistate operator, recently closed its New Jersey cultivation and divested retail assets following bankruptcy.
Watch whether Premo pursues additional locations as municipalities continue approving licenses, and whether the operator integrates the Dover store into a larger regional strategy in North Jersey.
Original report: NJBIZ ↗