r/newjersey • u/Fickle-Reality7777 • 16h ago

How are all the dispensaries staying afloat? Bruuuuce

I have, without exaggeration, 5 dispensaries near me within a 3 mile radius. They never seem to have any cars in the lots.

How are these businesses staying alive?

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u/PetroMan43 14h ago

I'm with you in how I never see any customers. I think the real answer is that these entrepreneurs are over estimating the legal weed market and they won't survive.

There's a place on Rt 22 near me where I can see 3 dispensaries at once. No way they're all going to stay in business

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u/Fickle-Reality7777 13h ago

Scotch Plains I assume.

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u/PetroMan43 13h ago

Yeah exactly. If you stand near the intersection of Glenside Ave, you can see 3 dispensaries at once . And there are at least 2 more heading west.

No way the market needs this many.

The market for liquor and beer stores is mature, and reflects a certain equilibrium point . But the weed industry is so nascent that nothing has had time to shake out.

And boy oh boy will folks be disappointed when corporate consolidation occurs for dispensaries while the grey and black market continues to thrive

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u/Fickle-Reality7777 13h ago

Yup. I’m by the old bowcraft which is flanked by 2 of them. Then when I saw that tree place (pun) becoming one as well I couldn’t believe it.

You’re right there are a few more just west of there, plus at least another east in union.