New Jersey

Wed
28
Nov

11 Things you need to know about New Jersey’s legal cannabis bill

New Jersey moved closer to legalizing cannabis Monday after a nearly four-hour hearing.

The legislation now moves to the floor of the state Senate and Assembly. A voting session is scheduled for later this month.

Tue
27
Nov

Legal weed is now one step closer to reality in N.J.

After months of false starts and delays, New Jersey took a big step Monday toward legal weed, with state lawmakers advancing a bill that would legalize the possession and personal use of recreational marijuana.

Committees from both the state Senate and Assembly approved the bill, which now awaits a full vote in the Democrat-controlled state Legislature before it could be signed into law by Democratic Gov. Phil Murphy.

Mon
26
Nov
Thu
22
Nov

New Jersey legalizes hemp farming

While many hoped New Jersey would legalize recreational marijuana after the election of Governor Phil Murphy, they can at least take solace in knowing that other illegal plants will now be allowed, writes Joseph Misulonas.

Tue
20
Nov

New Jersey finally back on track to legalize marijuana

After months of delay and backroom disputes, state lawmakers are expected to finally take action next week on legalizing marijuana for adults over age 21. 

And it's getting the fast-track treatment, even though legislative leaders and  Gov. Phil Murphy remain at odds over details of the legislation.

Separate Assembly and Senate committees will meet together for a hearing of debate and are expected to vote on the legalization bill (S2703) on Monday, Nov. 26 at 10 a.m., according to sources familiar with the plan.

Fri
16
Nov

Key N.J. senator, once opposed to legalizing marijuana, is 'leaning yes'

One of the most strident opponents in the state Senate to legalizing marijuana said Thursday he is now "leaning yes," and predicted enough Democrats will change their minds and make one of Gov. Phil Murphy's top priorities a reality.

Political insiders have said the "adult use" marijuana legislation has enough support in the 80-member Assembly to pass, but the reluctance of a handful of Democratic senators has stalled negotiations all year. 

Fri
09
Nov

New Jersey Senate President draws line in sand: Marijuana tax can't be too high

With less than two weeks to go before Thanksgiving, it’s looking less and less likely New Jersey will legalize recreational pot before the end of this year.

Gov. Phil Murphy had made legalizing marijuana one of his front-burner issues when he took office last January. But negotiations on a legislative package have stalled.

State Senate President Steve Sweeney, D-Gloucester, who must sign off on any marijuana bill that’s put up for a vote, is making it clear he’s drawn a line in the sand over how much the state should tax recreational weed.

“If you tax too much you’re going to drive people to the black market," he said.

Tue
06
Nov

NJ: Marijuana companies find room to grow in South Jersey

Calling New Jersey the next "Silicon Valley" of cannabis, out-of-state marijuana entrepreneurs are competing hard to grow the leafy crop here with promises of jobs and tax revenues for towns willing to accept them.

Several applicants said they want to set roots in South Jersey because they found municipalities to write letters of support or make tentative agreements to lease property. 

And each said they will apply again if they don't win one of the six licenses now up for grabs. The state Department of Health is reviewing 146 applications for two licenses each in North, Central and South Jersey. 

Tue
23
Oct

NJ leaders concede they won't meet their deadline for marijuana legalization vote

The top lawmakers in the Legislature said Monday say they have scrapped a plan to vote on the marijuana legalization bill Oct. 29 because they remain at odds with Gov. Phil Murphy over what the law should say.  Assembly Speaker Craig Coughlin, D-Middlesex, and Senate President Stephen Sweeney, D-Gloucester vowed that the vote will occur before the end of the year.

Wed
17
Oct

These two states are poised to be the next big marijuana markets

With federal prohibition still alive and well despite record public support for marijuana legalization, the cannabis industry in the United States remains a state-by-state business. The inability to cross state lines has led to a web of complex and disparate state laws and regulations for businesses to navigate. This forces cannabis producers to recreate their entire infrastructure in every new state, rather than scaling up production and shipping products across the country, which impedes their ability to build economies of scale enjoyed by all other businesses.

Retailers generally pay higher wholesale prices because of this, leading to higher prices for consumers at the register.

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