The Library of New Jersey

INVEST

THE PROBLEM

Lack of Education

Opioid Addiction

Death Crisis

THE SOLUTION

Creating an internationally recognized and respected brand and product line on the market, while simultaneously educating customers, combating opioid addiction, and the death crisis.

The Library of New Jersey also known as the “Starbucks” of cannabis, is pursuing entry into the New Jersey Cannabis Industry as social equity applicants. Developing New Jersey’s 1st Black-owned recreational cannabis retail shop in West Orange.

BUSINESS MODEL

Retail Storefront - Pursuing a retail marijuana dispensary license or micro-license. The Library of New Jersey will dispense cannabis and related products to qualified recreational consumers in Central and Northern New Jersey.

Merchandise - The Library Brand (merchandise, clothing, etc.)

Custom Products - Produce The Library of New Jersey brand and strain called, “Bookworm” (i.e., Bookworm OG, Bookworm Cake, Bookworm Cookies, etc.)

NEW JERSEY LICENSING

The Cannabis Regulatory Commission will begin accepting the following applications for personal use (recreational) cannabis on Wednesday, December 15, 2021:
Class 1 Cultivator Licenses
Class 2 Manufacturer Licenses
Testing Laboratories

License applications will be accepted on a rolling basis until indicated otherwise. Social Equity Businesses, Diversely Owned Businesses, Impact Zone Businesses, and applications that receive bonus points will be afforded priority review, scoring, and approval.

There is no established limit on the number of cannabis business licenses available statewide. However, by statute the number of Class 1 Cultivators is to be held to 37 licenses until February 22, 2023.

The Library of New Jersey will apply for the following license(s)

Class 5 Cannabis Retailer – Purchase recreational use cannabis from licensed cultivators, manufacturers, or wholesalers and sell those items to consumers in a retail store

NEW JERSEY RECREATIONAL RETAIL MARKET

As of December 2021, there are no retail recreational dispensaries open in New Jersey. Application acceptance for Class 5 Retailers begins on March 15, 2022.

THE TEAM

Charles Penn

President & Chief Operating Officer

Corey Dishmen

Chief Executive Officer

Mitch Burgess

Chief Financial Officer

Charli Penn

Board President

Andre Dishmen

COO

Lee Varton

Licensing Attorney

Khadijah Adams

Strategic Advisor / Marketing

Rachel Noerdlinger

Strategic Advisor / Public Relations

PROJECTIONS INTO THE FUTURE

When The Library of New Jersey captures at least half the available market of consumers, each customer need only spend $135 in a year for us to reach Year 1 revenue projections. We anticipate…

  • The United States will legalize cannabis federally within the next 4 to 5 years
  • More selling channels will open up
  • Education on health and cannabis consumption will continue to grow

HOW WILL YOUR INVESTMENT BE USED?

The Library of New Jersey intends to raise $500k to reach 35,000 customers in the first 12 months.

FUNDING USAGE

YOUR INVESTMENT WILL HELP US HIRE THE RIGHT STAFF TO HELP US GROW.
AVAILABLE POSITIONS:

Budtender (Manager) - Merchandise Manager - Budtender Technician
Information Technologist - Sales Agents - Cashier (Counter Agent) - Cleaner

WHY WEST ORANGE, NEW JERSEY?

West Orange is a progressive, working-class town and suburb of Newark, which is New Jersey’s biggest city. It’s 20 minutes from New York City, the epicenter of commerce and is surrounded by some of the wealthiest sections of the state and only minutes away from colleges.

ARE YOU READY TO INVEST?

Have Questions For Us?

Send us an email at info@thelibrarynj.com or use the form below to schedule a meeting.