Gov. Phil Murphy Archives - Page 3 of 3 - Cannabis Business Executive

Marijuana Tax in New Jersey? It Could be $42 an Ounce

February 20, 2019
AggregatedNews
New Jersey
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Gov. Philip D. Murphy and Democratic legislative leaders in New Jersey have reached an agreement that could place the state on a path to legalizing recreational marijuana this year if they are able to win enough support in the state…

Hearings Set for Marijuana Bill in New Jersey

November 26, 2018
AggregatedNews
New Jersey
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Local municipalities will have the option of levying a 2 percent tax on weed sales for their own coffers, in addition to a 12 percent state tax on cannabis sales, under a long-awaited bill to make the drug legal for…

NJ lawmakers unveil legislation legalizing marijuana

November 22, 2018
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New Jersey
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TRENTON, N.J. — New Jersey lawmakers on Wednesday unveiled their latest proposal to legalize recreational marijuana for people 21 and over. A joint Democrat-led Assembly and Senate committee is expected to discuss the measures Monday. It’s the latest draft in…

New Jersey Lawmakers hash out marijuana bill, but can it pass?

Democratic New Jersey lawmakers spent part of Tuesday going over the fine points of a bill that their leaders say is the almost-final, soon-to-pass vehicle for allowing anyone 21 and older to buy and consume marijuana. After missing earlier, informal deadlines for…

Marijuana Industry Has New Jersey Politicians Seeing Green

September 27, 2018
AggregatedNews
New Jersey
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State Sen. Nicholas Scutari (D-Linden) likes to tell the story of the dinner party he attended years ago, when he had just arrived in Trenton. “I said to the table, ‘I’m going to legalize marijuana in the state of New…

New Jersey Could Legalize Recreational Marijuana By End Of September

New Jersey Senate President Steve Sweeney told POLITICO in an extensive interview that he believes the state could legalize marijuana by the end of September. “I’m confident we’ll get to 21 and 41 (votes),” Sweeney told POLITICO. The Senate needs 21 votes…

New Jersey and Adult-Use Marijuana—Perfect Together?

By Steven Schain How gung-ho is New Jersey's proposed adult-use marijuana program? Beyond generating tens of millions of annual tax revenue, New Jersey's adult-use marijuana program will decimate neighboring states' medical marijuana programs. How gung-ho is New Jersey’s proposed adult-use…

New NJ Marijuana Legalization Bill Includes Home Grown and 400 Legal Dispensaries

TRENTON - New Jersey could become home to hundreds of legal marijuana dispensaries and users would be allowed to grow legal weed at home under new marijuana legalization legislation introduced Tuesday. The bill, proposed by Assemblyman Reed Gusciora, D-Mercer, calls for a much more open…