Who can use cannabis?
Anyone over the age of 21.
How much will it be taxed?
There will be a $42 per ounce tax on wholesalers. Local municipalities can also impose additional taxes on cannabis businesses, including a 4 percent tax on dispensaries, 2 percent tax on growers and processors and 1 percent tax on wholesalers.
Tax revenue will go towards a Cannabis Regulatory fund to develop, regulate and enforce cannabis industry standards and help balance the state’s general fund.
I have a marijuana charge on my criminal record. Will it be expunged?
Yes. the bill would dismiss all pending cannabis charges and convictions for possessing up to five pounds. Also, employers, licensing boards and other institutions would be banned from considering past convictions.
An “expedited expungement” process will be put in place to accelerate applications to the Superior Court.