Two New Jersey attorneys are expecting positive growth after Gov. Phil Murphy signed a bill into law Monday that would expand investment in cannabis dispensaries owned by minorities, women or disabled veterans.

The new bill (A4151/S2766) expands the existing law to allow up to a 35% interest in up to seven New Jersey cannabis dispensaries. Investor-ownership arrangements already existed for minority, women’s and disabled-veterans’ medical cannabis dispensary businesses, but, now, current licensees and cannabis funds will be allowed to invest in a greater number of business at a higher equity stake.