The focus of Tuesday evening’s Lambertville council agenda was an ordinance to allow sales of cannabis within the city.
The new law amends land use regulations to allow only one type of the six New Jersey permitted cannabis businesses. It does not permit consumption areas at this time.
The ordinance also establishes a Cannabis Transfer Tax of 2%, which is the maximum the state will permit.
The number of stores allowed through the ordinance is capped at four. Two will be permitted in the central business district, and one each in the service commercial and general commercial districts.
In response to concerns that a corporation might try to control these businesses, two of the four licenses are intended for microbusinesses, which can have no more than 10 employees and no entity may hold more than one license.