Trenton, NJ: Democratic Gov. Phil Murphy has reportedly reached an agreement with leaders in the state Senate and Assembly to move forward with legislation to regulate the adult use and retail sale of marijuana.
In November, state lawmakers moved a pair of legalization bills to the floor. However, the Governor and legislative leaders differed on how best to tax retails sales. According to sources familiar with the negotiations, leaders have agreed to impose a $42 per ounce tax on retail cannabis sales.
Governor Murphy has long expressed support for regulating marijuana, stating: "Legalization will allow us to reinvest directly in our communities -- especially the urban neighborhoods hardest hit by the misguided War on Drugs -- in their economic development, in health care and housing, child care and after-school programs, and other critical areas. These investments will pay dividends far greater than the cost of mass incarceration."
For more information, contact Justin Strekal, NORML Political Director, at (202) 483-5500.