Makes certain changes related to application and licensing for sale of cannabis, Cannabis Regulatory Commission activity, municipal ordinances, and alternative treatment centers.

This bill amends New Jersey's cannabis regulations to streamline licensing for medical cannabis businesses. It requires the Cannabis Regulatory Commission to begin processing new cultivator, manufacturer, and dispensary permit applications within 90 days, while ensuring the first three alternative treatment centers (ATCs) are distributed across northern, central, and southern regions. The bill establishes "conditional permits" for at least one-third of all medical cannabis licenses, with requirements including income limits ($200,000 individual/$400,000 joint), background checks, and proof of local residency for key personnel. It also sets nonrefundable application fees and mandates a 90-day review timeline for permit applications. These changes directly affect new and existing medical cannabis businesses seeking licenses to operate in New Jersey.