With dispensaries in the pipeline, Jersey City eyes 2% tax on medical marijuana sales
Jersey City doesn’t have any cannabis dispensaries yet, but the City Council will review an ordinance this week creating a 2% tax on medicinal marijuana sales.
While legislation legalizing recreational marijuana has stalled in Trenton, state law allows municipalities to levy a tax of up to 2% on medical marijuana sales. Jersey City Mayor Steve Fulop tweeted over the weekend that the tax revenue generated from such sales would be directed toward affordable housing efforts in the city.