Local Mōdiv is building out a dispensary at 155 Newark Avenue. Image via Google Maps.
With local approvals already in hand and an eye towards opening sometime next year, the owners behind a cannabis venture dubbed Local Mōdiv are preparing to formally begin renovations at a Downtown property they hope to make their own.
Back in March, Jersey City’s planning board approved a conditional use application for 155 Newark Avenue during an epic cannabis-related meeting. The endeavor will revitalize the former Sleep Cheap building, which has sat vacant for many years despite its prominent location along the Newark Avenue Pedestrian Plaza.
Rendering of the planned store front. Image courtesy of Local Mōdiv.
Each of Local Mōdiv’s members call Jersey City home, with CEO Chelsea Duffy and COO Mat Cimiluca founding the company in 2018. The pair quickly started attending cannabis-related events throughout the state and ended up onboarding Nicole Colon, who founded the Jersey City-based firm Inspired Vision Accounting.
A chance meeting at Hudson Hall led to the hiring of Rad Bennett, who serves as Local Mōdiv’s Chief Procurement Officer. Bennett has worked in the NJ Medical Marijuana Program for years and previously handled dispensary operations at one of the state’s