“It’s a huge event.
New Jersey is among 18 states, plus the District of Columbia, with legalized recreational marijuana markets.
Some cities, including Philadelphia and Pittsburgh, passed ordinances to decriminalize marijuana or make it a low law enforcement priority.
State regulators say dispensaries in New Jersey are allowed to sell up to the equivalent of 1 ounce of cannabis, which means an ounce of dried flower, or 5 grams of concentrate or 1,000 milligrams of edibles, like gummies.
To get regulatory approval, the facilities told regulators they would not interrupt access for medical marijuana patients.
Murphy’s fiscal year 2023 budget is pending before the Democrat-led Legislature and estimates revenues of just $19 million in a nearly $49 billion budget.
Legislation governing the recreational market calls for the 6.625% sales tax to apply, with 70% of the proceeds going to areas disproportionately affected by marijuana-related arrests.
That’s just me, I don’t like it, especially with kids that live in this community.