New Jersey could be less than a week away from passing a bill that will launch the legal weed industry after lawmakers agreed to impose an additional tax on growers that could one day boost marijuana tax revenue to $450 million, NJ Advance Media has learned
Sen. Nicholas Scutari, D-Union, said his bill (S21) will be amended to include a tax on marijuana growers. It would start as just a fraction of a penny but increase over time as the price of marijuana falls.
Scutari also said other changes to the bill will offer greater protections to workers who want to use marijuana while off the clock.
The new details were first reported on NJ.com’s exclusive text-messaging service included with a subscription.
The bill is now on a fast track.
Lawmakers have rescheduled both Senate and Assembly committee hearings on the bill for Thursday, and could have votes in the