Lack of funds and a long approval process have delayed the expansion of Atlantic City’s cannabis industry, even as fresh doubts arise. Some businesses have run out of money well short of opening, officials say. With yet another cannabis dispensary on the agenda, weed was again a hot topic for the Casino Reinvestment Development Authority on Tuesday.
The pols, naturally, wanted ShopRite. They considered the existing Save A Lot and dubiously named Renaissance Plaza on Atlantic Avenue a lost cause. Nonetheless, perhaps by default, it is now Renaissance Plaza that the pols and money controllers are looking toward to solve the problem of the lack of a big-name, full-service supermarket in Atlantic City, a city of 38,500 people and a 32% poverty rate. But is it enough?
The pols, naturally, wanted ShopRite. They considered the existing Save A Lot and dubiously named Renaissance Plaza on Atlantic Avenue a lost cause. Nonetheless, perhaps by default, it is now Renaissance Plaza that the pols and money controllers are looking toward to solve the problem of the lack of a big-name, full-service supermarket in Atlantic City, a city of 38,500 people and a 32% poverty rate. But is it enough?
The Casino Reinvestment Development Authority on Tuesday said yes to a $250,000 subsidy to help keep the Save-A-Lot grocery store in operation in Atlantic City.