Marijuana Times Report Just In…. NJ To Vote On Legalization After Thanksgiving
Senate Bill 2703, better known as the “New Jersey Cannabis Regulatory and Expungement Aid Modernization Act”, would legalize the possession and personal use of an ounce or less of marijuana by adults 21 years of age and older. It would also create a regulatory system and impose a 12 percent commercial tax and an additional 2 percent excise tax for towns hosting cannabis businesses.