New Jersey legalizes recreational cannabis New Jersey recreational marijuana implementation law signed, setting stage for $1 billion market
https://mjbizdaily.com/new-jersey-governor-signs-recreational-marijuana-law/ New Jersey Gov. Phil Murphy on Monday finally signed a law to implement a projected $1 billion recreational marijuana market, hours after lawmakers agreed on a “clean-up measure” that had held up the process for months.
Adult-use sales could begin before year-end.
New Jersey is poised to become the largest marijuana market on the East Coast – unless and until New York legalizes adult use.
The New Jersey Senate and Assembly approved a bill that calls for penalties for underage marijuana and alcohol use, a provision that Murphy insisted on before he would sign the implementation measure.
The Assembly passed the “clean-up” bill by a margin of 49-27, while the Senate passed the measure by a 22-12 vote.
New Jersey’s legalization of recreational marijuana – approved by voters on Nov. 3 – is igniting similar efforts across the Northeast and Mid-Atlantic and especially puts pressure on neighboring New York and Pennsylvania.