Democratic Gov. Phil Murphy said New Jersey will begin selling recreational marijuana to those 21 and older on April 21. Murphy’s announcement on Thursday came just three days after state regulators gave seven facilities already selling medical cannabis permission to start selling recreational marijuana. “This is a historic step in our work to create a new cannabis industry,” Murphy said. The news comes nearly a year and a half after the state’s regulatory commission took action and a year and a half after voters overwhelmingly approved a vote to legalize recreational marijuana for those 21 and older.
The facility said it would reserve parking for patients and observe patient-only hours. rice field. According to the commission, there are approximately 130,000 medical marijuana patients in the state, and less than 800,000 “tourist” users, estimated at about 800,000 potential recreational users. It’s not clear how much the state receives in tax revenue from recreational marijuana.
New Jersey, along with the District of Columbia, is one of her 18 states to legalize recreational marijuana. And 37 states, including New Jersey, have legalized medical marijuana. Three of the seven facilities known as alternative treatment centers are located in the north of the state. Three are in Southern New Jersey and one is in Central New Jersey. For approval, the center agreed that the upcoming influx of recreational shoppers would not disrupt patient access.
Murphy’s budget for her fiscal year 2023 is pending in the Democratic-led Congress, but he projects just $19 million in revenue against a nearly $49 billion budget. In 2019, before voters still legalized recreational marijuana, he estimated earnings of about $60 million. The Recreational Markets Act provides for the application of a 6.625% sales tax, with 70% of his earnings going to areas disproportionately affected by marijuana-related arrests. Black residents were up to three times more likely to be found guilty of marijuana than white residents. Cities can also impose taxes of up to 2%.
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- NJ will begin selling recreational marijuana on April 21
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