On Wednesday, the Hoboken City Council voted unanimously on a resolution urging Governor Murphy and state legislators to allow certain municipalities the flexibility to generate additional local tax revenue from the sale of cannabis. Given the city's proximity and accessibility to New York City, there is the potential for a significant influx of customers from what many consider a rather dynamic marijuana market, local officials say.
“In Hudson County as a whole and Hoboken specifically, we anticipate needing additional community resources associated with legal cannabis sales because of our proximity to New York City, where adult use marijuana is not yet legal,” said Councilwoman Tiffanie Fisher and Councilman Michael DeFusco in a joint statement. “Hoboken and other Hudson County municipalities will generate the largest percentage of state tax revenue from cannabis sales and with that comes additional quality of life, public safety and social justice concerns that we should seek direct relief for.”
