New Jersey Lists Boone Town Among Ownership Change Requests at October 29 Meeting
Key Facts
The New Jersey Cannabis Regulatory Commission listed Boone Town Provisions among the ownership change requests presented in materials for its October 29, 2026 meeting, indicating a request related to the store’s ownership. Listing the request does not establish that the regulator approved it or that the ownership change was completed. The store is in Boonton, and the commission lists it in its directory of permitted businesses as a cannabis retailer. The only confirmed information about the current step is therefore the request’s appearance in the meeting materials. Available information does not detail the party to which ownership would transfer, the transaction value or the expected completion date.
Commission records show that Boone Town Provisions LLC received a license renewal to operate in the adult-use cannabis market under a decision letter dated June 3, 2026. The letter lists the facility’s address as 677 Myrtle Ave in Boonton and the renewal fee as 10,000 dollars. It also gives June 23, 2026 as the recorded license expiration date. These details provide regulatory context about the store before it was listed in an ownership change request, but do not reveal the outcome of the subsequent request. Available information does not clarify whether the renewal or license status changed afterward.
In a separate disclosure, Curaleaf said it entered into definitive agreements on July 16, 2026 to acquire cannabis retail operations for approximately 13.0 million dollars in total. The company said the agreements are subject to customary purchase price adjustments and closing conditions, including obtaining required regulatory approvals. The disclosure added that the transactions had not closed as of its release. Available information does not specify whether Boone Town was among the operations covered by those agreements. The disclosure therefore does not establish a link between the Curaleaf agreements announced in July and the store ownership change request listed at the October meeting.
The potential request comes in New Jersey’s market, where adult-use cannabis sales totaled 270,118,655 dollars in the second quarter of 2026, compared with 268,609,188 dollars in the second quarter of 2025. The commission’s estimates showed adult-use sales in September 2026 reached 117,469,357 dollars, up 23.1% year over year from September 2025. The commission also reported that more than 396 licensed businesses were operating in 211 municipalities during 2025. In its review of that year, it said combined medical and adult-use sales exceeded 1.16 billion dollars across the four reported quarters through the third quarter of 2025, up 12.3% year over year compared with the corresponding period ended in the third quarter of 2024. The figures place the ownership change request in a market with a broad base of licensed businesses and substantial annual sales, without specifying the request’s impact on competition or sales.
At the company level, Curaleaf recorded domestic retail revenue of 224.378 million dollars in the second quarter ended June 30, 2026, compared with 216.384 million dollars in the second quarter of 2025. The company said its network of stores it owned or operated reached 176 dispensaries after opening two locations in Edgewater and Boynton Beach, Florida. These figures provide context on the scale of Curaleaf’s retail business, but do not confirm its acquisition of Boone Town. In the market, the company’s stock, CURLF, closed at 8.36 dollars on October 30, 2026, according to EL7 data. This information indicates only the daily closing price and does not establish that the share move was related to the ownership change request.