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Updated: Township Cannabis Industry Still Growing, Could Reach $28M By Year’s End

The cannabis business in Franklin Township is on track to becoming a nearly $28 million industry by the end of the year.

That translates to more than $500,000 in 2025 sales taxes that will be paid to the township by Franklin’s dispensaries and cannabis cultivators.

Cannabis businesses pay 2% in sales taxes to the Township.

Taxes paid by the 17 cannabis businesses operating in the 3rd Quarter of 2025 (July through September) totaled $146,882.88, representing $7,344,144 in total sales.

In the first three quarters of the year, the cannabis-related businesses paid $425,719.72 in taxes, representing $21,285,986 in sales.

If the average quarterly sales figure of $7,095,329 holds up, Franklin’s cannabis industry will be valued at about $28.4 million by year’s end.

That would be an increase of $8.8 million over 2024. There were 11 cannabis businesses reporting taxes by the 3rd Quarter of 2024, and 13 by the end of the year.

Seven of the township’s cannabis businesses recorded sales of at least $1 million during the first three quarters of 2025:

  • Silverleaf Wellness dispensary: $4.3 million
  • Fresh Grow cultivator: $3.5 million
  • Bloc Somerset dispensary: $3.3 million
  • Unity Road dispensary: $2.2 million
  • Theo A. Cannabis dispensary: $1.7 million
  • Citi Roots dispensary: $1.5 million
  • Got Your Six dispensary: $1.2 million

Township officials have said that sales taxes generated by the cannabis businesses are deposited into the Township’s general fund.

Here are the Q3 2025 results reported by the cannabis businesses. Bleachers closed at the end of 2024.

Business NameQ3 Taxes PaidQ3 SalesYTD Total TaxesYTD Total Sales
Silverleaf Wellness$30,617.19$1,530,859.50$86,793.28$4,339,664.00
Fresh Grow LLC$24,033.70$1,201,685.00$69,979.78$3,498,989.00
Bloc Somerset$20,198.51$1,009,925.50$65,732.82$3,286,641.00
Unity Rd$14,385.32$719,266.00$44,345.21$2,217,260.50
Theo A Cannabis Co LLC$11,558.22$577,911.00$34,998.60$1,749,930.00
Citi Roots LLC$11,206.94$560,347.00$30,328.64$1,516,432.00
Got Your Six$7,113.03$355,651.50$23,638.71$1,181,935.50
Leaf Haus LLC$4,993.23$249,661.50$17,592.61$879,630.50
Herb’s Premium Dispensary LLC$6,090.86$304,543.00$15,471.67$773,583.50
The Dispensary of Somerset LLC$5,693.59$284,679.50$13,822.22$691,111.00
Sparkology Dispensary LLC$4,773.46$238,673.00$8,860.64$443,032.00
Blue Harvest LLC$2,113.43$105,671.50$7,585.19$379,259.50
Garden State Natural Green$3,055.68$152,784.00$4,264.73$213,236.50
Timber 5 LLC$574.96$28,748.00$1,830.86$91,543.00
Somerset Green LLC$474.76$23,738.00$474.76$23,738.00
Bleachers Dispensary$0.00$0.00$0.00$0.00
Totals$146,882.88$7,344,144.00$425,719.72$21,285,986.00
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