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Here's Why New Jersey Could Be the Next State to Legalize Weed

September 19, 2018 in Blogs

By Phillip Smith, Independent Media Institute

The governor and the legislature are just about ready to roll.


Voters in Michigan and North Dakota will have a chance to legalize marijuana on Election Day, but lawmakers in New Jersey could beat them to the punch. After much back-and-forth all year long, legislators have finally crafted a bill to legalize marijuana.

The bill, building on an earlier proposal by state Sen. Nicholas Scutari (D-Linden), is now being reviewed by the office of Gov. Phil Murphy (D), who campaigned on a platform that included marijuana legalization. Only minor changes are expected to come from the governor's office, and then the legislature should be ready to move.

Murphy had talked about legalizing weed in his first hundred days in office. That didn't happen. Legislative leaders then talked about doing it before the end of this month. That's unlikely to happen, given the need for hearings and the fact that the bill hasn't officially been filed yet. But now legislators are talking about getting it done by the end of next month.

While the bill hasn't yet been filed, New Jersey Advance Media has obtained a draft. Here's what the measure will include:

·         The legalization of the possession and personal use of small amounts of marijuana for people 21 and over, but not home cultivation.

·         The creation of a system of taxed and regulated marijuana commerce.

·         The creation of a Cannabis Regulatory Commission to craft rules and regulations based on the foundations in the bill. The five-member body appointed by the governor would also provide oversight for the industry.

·         No ceiling on the number of potential licenses granted. That would be up to the commission.

·         A 10 percent tax on marijuana sales, which would be among the lowest in the country.  Earlier versions had taxes rising to 15 percent or 25 percent over time, but not this one—although there are reports that Gov. Murphy wants a higher tax, so this could change.

·         Marijuana lounges would be permitted. Businesses with a marijuana retail license could apply to have a consumption space, but …read more

Source: ALTERNET

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