The tax revenue came from nearly $80 million customers spent on legal recreational marijuana between April 21 and June 30, the state Cannabis Regulatory Commission announced in a statement Friday. It includes more than $219,000 in social equity excise fees.
Keep Reading N.J. is sparking up, bringing in millions in tax revenue from cannabisTag: New Jersey Cannabis Regulatory Commission
N.J. medical centers given green light to sell adult-use cannabis
Thirteen medical marijuana dispensaries will soon be able to sell marijuana to any adult 21 years and older after the state’s Cannabis Regulatory Commission voted Monday to approve New Jersey’s first foray into the recreational marijuana industry.
Keep Reading N.J. medical centers given green light to sell adult-use cannabisN.J. panel mulls how to spend proceeds from adult-use cannabis
The New Jersey Cannabis Regulatory Commission heard all sorts of ideas Wednesday night from 15 people during an hourlong virtual public hearing held to solicit input for how the state should spend tax revenue from the new recreational marijuana market when sales eventually begin.
Keep Reading N.J. panel mulls how to spend proceeds from adult-use cannabisNJ cannabis sales stalled, regulators demand proof of local buy-in
At the monthly meeting of the New Jersey Cannabis Regulatory Commission Thursday, the man overseeing the industry’s creation in New Jersey said the state is still far from commercial sales of cannabis.
Keep Reading NJ cannabis sales stalled, regulators demand proof of local buy-in