New Jersey
New Jersey to begin recreational marijuana sales next week, governor says
New Jersey approves 7 amenities for leisure hashish gross sales
Gross sales may begin in a matter of weeks or longer, however a particular date wasn’t set on the New Jersey Hashish Regulatory Fee’s vote throughout a remotely held assembly. Three of the amenities, often known as different remedy facilities, are within the northern a part of the state. Three are within the south, and one is in central New Jersey.
TRENTON – New Jersey residents over 21-years-old will probably be allowed to buy leisure marijuana within the Backyard State subsequent week, in keeping with Governor Phil Murphy.
Name it a coincidence, however the newly-reelected governor mentioned New Jerseyans can buy pot with no medical marijuana card beginning on 4/21.
“It is a historic step in our work to create a brand new hashish trade,” Murphy mentioned.
The information comes a few yr after the state’s regulatory fee began working, and a yr and a half after voters overwhelmingly authorised a poll query to allow leisure marijuana for folks 21 and older.
New Jersey is one in every of 18 states, together with the District of Columbia, which have legalized leisure marijuana. There are also 37 states, together with New Jersey, which have legalized medical marijuana.
Three of the seven amenities, often known as different remedy facilities, are within the northern a part of the state. Three are within the south, and one is in central New Jersey.
To get approval, the facilities agreed that the approaching inflow of leisure consumers will not interrupt entry for sufferers. The amenities mentioned they might reserve parking areas for sufferers in addition to preserve hours particularly for sufferers solely.
There are about 130,000 medical marijuana sufferers within the state, with an estimated roughly 800,000 potential leisure shoppers, and fewer than 800,000 estimated “tourism” shoppers, in keeping with the fee.
How a lot cash the state will get in tax revenues from leisure marijuana is not clear. Murphy’s fiscal yr 2023 finances, which is pending earlier than the Democrat-led Legislature, estimates revenues of simply $19 million in a virtually $49 billion finances. In 2019, as legalization of leisure marijuana was nonetheless simply pending earlier than voters, he had estimated about $60 million in income.
Laws governing the leisure market requires the 6.625% gross sales tax to use, with 70% of the proceeds going to areas disproportionately affected by marijuana-related arrests. Black residents had been likelier — as much as 3 times as a lot — to face marijuana fees than white residents. Cities can even levy a tax of as much as 2%.
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