New Jersey’s governor and legislature agreed to terms earlier this month to allow S830 to move forward, the bill that would legalize marijuana for adults and create a regulated marketplace in the state.
New Jersey’s legislature has been considering legalizing cannabis for the last four years. Last month, the ball got rolling again when State Sen. Nicholas Scutari filed S830, which has brought new hope to the state’s citizens — especially after reports emerged on Feb. 15 that the state’s Gov. Phil Murphy had reached a deal with legislators about how the industry should be regulated.
Scutari joined CBS2 last week to give the rundown on where things are at a month after filing the bill, following the big deal with the governor reported around Valentine’s Day.
One of the first things Scutari noted was the tax structure. As opposed to a tax that works as a percentage of gross sales, which most states with legal cannabis use, New Jersey is looking to tax cannabis by weight.