420 With CNW - New Jersey Marijuana Advocates Discuss The Possibility Of Increasing The Fee For Social Equity

11/4/2024 11:04:56 PM

(MENAFN- Investor Brand Network) Advocates in New Jersey are currently debating whether the state's Marijuana Regulatory Commission
should raise the fee
directing revenue from recreational cannabis sales to fund social equity initiatives and support communities affected by past drug policies. The commission is set to meet soon to determine the fee rate that will apply starting January 1. Presently, the fee is set at
$1.24 per ounce .

Four years since New Jersey legalized recreational cannabis, some advocates argue that it is time to increase the fee to...

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