Green Alchemy

Since the legalization of adult-use cannabis in New Jersey in February 2021,i New Jersey’s (NJ) recreational cannabis market has experienced growth. Cannabis sales reached over $201 million in Q1 2024, marking a 38% increase from the same period in the prior year. Over this same period, licensed dispensaries expanded from 24 to 130, driven by rising consumer demand and advancing regulatory support.ii Green Alchemy, led by an experienced cannabis entrepreneur, Tara Sargente, known in the cannabis industry as “Tara Misu”, aims to commence its operations in early 2025 to serve the growing number of cannabis businesses and consumers in NJ. Green Alchemy has already achieved several key milestones: Secured a Class 2 Cannabis Manufacturer license from the NJ Cannabis Regulatory Commission Obtained municipal support, zoning approval, and a binding LOI to lease a compliant property for its manufacturing facility Holds strategic partnerships with cannabis security provider Saphire Risk Advisory Group and anticipates extending its relationship with local cannabis product testing company Trichome Analytical

Green Alchemy is led by influential cannabis entrepreneur, Tara Misu, who brings 15 years of experience in cannabis marketing, distribution, and product formulation, The New Jersey Cannabis Regulatory Commission awarded Green Alchemy with an annual Class 2 Cannabis Manufacturer license in February 2024, The company anticipates receiving approval to commence operations after passing the final state inspection of its planned 2,500 sq ft manufacturing facility, expected to be completed in early 2025, Green Alchemy will serve as the exclusive producer of Blazin’ Bakery products, a cannabis brand with a national presence since 2009, while also offering white-label and private-label services