Passaic Eyes More Money From Cannabis Factory

Passaic, NJ – The city’s council has taken a decisive step toward expanding its cannabis industry by signing a second approval letter for Integrity One Alternative Care, a company planning to build a production plant in Passaic. The firm still awaits the state’s final approval before construction can begin, but city officials say this letter is a key part of the required process.

Why the Shift?

• Revenue Goals: Mayor Hector Lora highlighted that a new factory could generate significant tax income, helping the city meet its fiscal targets.
• Existing Framework: Passaic already supports cannabis manufacturing but has a strict rule banning retail dispensaries. The city prefers factories that can utilize vacant east‑side buildings and create jobs.
• Prior Experience: The first approval for Integrity One was issued in February 2022, and the city is now moving toward final state clearance.

Current Landscape

• Garden Society: The city’s sole cannabis manufacturer, opened last year on 8th Street. It employs 20–30 workers and contributes roughly $100,000 in annual tax revenue.
• Tax Structure: Passaic taxes cannabis producers at a 2 % rate, aligning with state policy.

Next Steps

1. State Approval: Await the final green light from New Jersey’s cannabis regulators.
2. Construction Commencement: Once approved, Integrity One can begin building on the designated site.
3. Economic Impact: Expected increase in local revenue and job creation.

Passaic’s approach mirrors other municipalities seeking to diversify income streams while maintaining regulatory control over cannabis retail.