CANNABIS NEWZ
The Wire / Store closure
CLOSURENew Jersey

State Roster Lists Phasal Dispensary License in New Jersey as No Longer Active

A New Jersey retail cannabis license tied to Phasal was flagged inactive on the state roster, even as licensing records for the address show an active status.

The Cannabis Newz Automated Desk
Machine-written from our data · source: State license roster
August 7, 2026 · 9:51 AM ET
Closed sign hanging in a shop doorFILE — closure · Ivan Radic / CC BY 2.0
Closed sign hanging in a shop door — file photo, not the scene of this story.

A dispensary license associated with Phasal is no longer active, according to New Jersey's state license roster, as first reported by the State license roster on Aug. 7, 2026.

Notably, official license records matching the company still list a license for Phasal — for a Runnemede, N.J. dispensary location — with a status of "Active," suggesting the roster's closure flag may reflect a recent or in-process change not yet fully reconciled across state records.

The closure notice comes the same day the roster also recorded a new retail license issued to Collective Beleaf Dispensary, indicating churn in New Jersey's licensing pipeline continues even as individual operators exit or pause.

The numbers

New Jersey currently counts 197 open retail cannabis licenses statewide, according to state license stats, with no cultivation, manufacturing, or lab licenses reflected in the same dataset and no pending applications logged. State-level year-to-date revenue and monthly sales figures were not available in this dataset, limiting any broader read on how a single retail closure might affect the state's adult-use market.

Context

The Phasal development lands amid a steady stream of retail activity in New Jersey's adult-use market this summer, including new licenses for Indoor Treez and two additional South Jersey dispensary approvals, alongside a separate closure — GW Leaf Dispensary's license going inactive on July 31. Regulatory friction has also surfaced elsewhere in the state, with Verano suing over New Jersey's cannabis labor peace law and Montville Township moving to extend a local cannabis business ban, pointing to a market still working through licensing, labor, and municipal-level policy questions.

What to watch

Given the discrepancy between the roster's closure listing and the active status shown in the company's official license record, it remains unclear whether Phasal's Runnemede location has fully ceased operations or is mid-transition. Confirmation from subsequent roster updates, or clarification of the license's status, would help establish whether this represents an actual closure or a data-timing issue within New Jersey's licensing system.

Written by the Cannabis Newz automated newsroom, grounded in our wire coverage, official state license rosters and market filings — no quotes or facts beyond those sources. Spotted an error? Tell us via your account page.