New Jersey

Fri
22
Nov

NJ marijuana legalization: Legal weed may have cheap taxes if approved by voters in 2020

If all goes according to proponents' plan, New Jersey may finally be the cheapest at something: legal weed taxes. 

A marijuana-legalizing ballot measure expected to go before voters next year states that legal weed sales in New Jersey would only be subject to the state sales tax, which is currently at 6.625%. 

Thu
21
Nov

New Jersey may vote on marijuana legalization in 2020 referendum

After failing to pass legislation to legalize marijuana for the second time this year, lawmakers in New Jersey are now planning to pose the question on the November 2020 ballot.

“We made further attempts to generate additional support in the Senate to get this done legislatively, but we recognize that the votes just aren’t there. We respect the positions taken by legislators on what is an issue of conscience,” Senate President Steve Sweeney said in a statement.

Sweeney was forced to pull the marijuana legalization bill earlier this year, announcing in May that efforts to legalize weed in the Legislature would be abandoned due to a lack of support among lawmakers.

Wed
20
Nov

N.J. medical marijuana prices could be cut under new plan. They’re now highest in nation.

Gov. Phil Murphy’s administration will help lower the cost of medical marijuana by requiring for-profit companies entering the market to show how they will cut prices before the the Health Department allows them to operate.

With premium dried weed costing as much as $500 an ounce and no insurance company willing to cover the expense, many of the state’s 60,000 registered patients struggle to pay for their medicine every month.

Tue
19
Nov

New Jersey marijuana legalization bill dead; lawmakers will let voters decide

For the second time this year, top Democratic lawmakers in New Jersey pulled the plug on legislation to legalize cannabis sales for recreational use, killing any likelihood Gov. Phil Murphy will deliver on a key campaign promise before 2021.

Instead, legislative leaders introduced a resolution Monday that would put a recreational use question on the November 2020 ballot. The resolution would need to pass both houses of the state Legislature by three-fifths majorities in one year or by simple majorities in consecutive years to make it onto the ballot.

Tue
19
Nov

New Jersey marijuana arrests have increase 35% in four years

Arrests related to marijuana increased by around 35% over a four year period ending in 2017, the last year where data is available. This is according to a report released Friday by the American Civil Liberties Union of New Jersey.

The report is based on FBI crime figures, which show that there was around 38,000 arrests for cannabis possession, distribution or both in 2017, up from about 28,000 in 2013, reports the AP. The publication also found that black peopel are three times as likely to get arrested on marijuana-related charges than white people.

Tue
22
Oct

Weed breathalyzer may reassure Policymakers

When New Jersey lawmakers debated earlier this year whether to legalize recreational use of marijuana, the Garden State’s police organizations were adamantly against it.

The cops said that legal weed might lead to an explosion in the numbers of impaired drivers operating under the influence. And the police would be caught flatfooted trying to tell whether drivers they pulled over were high or not.

“With alcohol, if you have over 0.08% in your blood, there’s the presumption that you’re intoxicated,” said Christopher Leusner, head of the New Jersey State Association of Chiefs of Police.

“There hasn’t been a blood test or a breath test that can determine if you’re impaired by marijuana.”

Now there is.

Thu
17
Oct

The complicated realities of accessing cannabis when you live in a prohibition State

For cannabis enthusiasts living in adult use states, long gone are the days of sneaking around with a dime bag in a coat pocket and worrying about whether the neighbors know you’ve got weed. But the sad truth is that, for millions of Americans living in prohibition or restrictive medical-only states, accessing safe and regulated cannabis is still a problem, writes Danielle Simone Brand

Mon
07
Oct

9 States that could Vote to legalize marijuana in 2020

The numbers 11 and 33 come up quite often when the topic of marijuana legalization is discussed. Currently, 11 U.S. states allow the legal use of recreational marijuana, while 33 states have legalized medical cannabis. But those numbers could soon change.

Nine states could be on track to hold key votes on some form of marijuana legalization in 2020. Here are the states that could be next on the marijuana map -- and the stocks that could be poised to profit the most.

Fri
04
Oct

Cannabis industry insiders are optimistic legal weed can pass later this year

More than 200 insiders and people interested in getting a start in New Jersey’s growing cannabis industry gathered to talk about expanding medical marijuana program, trends in CBD and hemp — and if lawmakers will vote to legalize marijuana later this year.

NJ Cannabis Insider’s Live fall event took place at the New Jersey Convention and Exposition Center in Edison Wednesday. NJ Cannabis Insider is a weekly subscriber-based newsletter produced by NJ Advance Media, which also publishes NJ.com, The Star-Ledger and other affiliated papers.

Mon
23
Sep

20 States expected to fully legalize marijuana by 2024

The legal marijuana industry is budding before our eyes. What had once been considered a taboo industry that was swept under the rug by lawmakers has now become a front-and-center issue, as well as a big-time moneymaker for investors and companies involves in the pot industry.

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