Legal insights and developments on cannabis in New Jersey
Governor Murphy’s administration is considering a phased-in tax rate for recreational marijuana following talks with Senator Nicholas Scutari, D-22nd District, according to state treasury spokesperson Jennifer Sciortino.
In his budget proposal address in March, the governor announced that the state stands to realize upwards of $80 million in annual revenues from taxing legal marijuana…
With legalization of recreational cannabis on the horizon for New Jersey, several local governments have responded by preemptively passing ordinances banning or discouraging recreational marijuana sales or cultivation in their jurisdictions, while others have opened their doors. Because New Jersey is a home-rule state, municipalities are free to permit or prohibit the sale, cultivation and/or…
