A new plan for taxing legal weed could restart the N.J. legalization debate
State leaders are now considering a proposal that would tax marijuana by weight, rather than an excise tax on the sale, according to multiple sources close to the discussions, who didn’t want their names used out of concern it could disrupt negotiations.
Details on the proposal are scant, but the new proposal could serve two purposes. Initially, it could help bridge the gap between the governor and legislative leaders on marijuana. Taxes and regulation are the two main issues separating the two sides and debate has largely stalled in January.