Members of the CRDA Board of Directors say cutbacks are coming, along with increased accountability, of events the authority funds. This comes even as the organization said yes to hundreds of thousands of dollars in support of three free concert series in the city this summer.
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.
If all goes well for companies working with the Atlantic County Economic Alliance, there will soon be hotels, youth sporting facilities and a bustling cargo operation in and around Atlantic City International Airport.