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41°
Friday, nov 15
Tag:
Cannabis Tax
News
NJ Lawmakers OK Legal Pot Under 6 Ounces, Just Needs Murphy's Signature
Doobie, doobie, done: New Jersey lawmakers were in a Garden State of mind when they approved an historic bill Thursday that sets rules and regulations for recreational pot sales. All it needs to become law is Gov. Phil Murphy’s signature and a mechanism to oversee ganjapreneurs. If the governor signs off, 70% of the state sales tax revenue from pot purchases and a tax on growers in New Jersey will be directed to minority Garden State communities ravaged by drugs. The State Legislature also approved a bill ending arrests for possessing less than six ounces of marijuana or selling up …