Version 2 of New Jersey medical cannabis expansion bill gains traction

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A key New Jersey legislative panel advanced a new medical marijuana expansion bill that appears to at least meet Gov. Phil Murphy halfway, but it’s unclear whether Murphy will approve the measure if it passes.

The Assembly Appropriations Committee passed the bill by a 9-1 vote.

The measure’s rapid progress comes a week after lawmakers delayed a vote on an MMJ expansion bill because of Murphy’s concerns and likely veto.

According to NJ.com, the new version of the bill would:
  • Increase the number of cultivation licenses to 28; Murphy wants 36.
  • Eliminate a 6.625% sales tax on MMJ products within three years, as urged by Murphy.
  • Turn the MMJ program’s oversight to a cannabis regulatory commission. Murphy wants the state health department to continue regulating the industry until 2021.

For more details about the measure, click here.