New Jersey lawmakers on Thursday approved legislation to regulate and launch an adult-use marijuana market next year that’s expected to become the largest on the East Coast with sales approaching $1 billion in a few years.
Passage of the implementation bill by the Assembly and the Senate comes six weeks after residents voted to legalize adult use at the ballot box.
The Assembly passed the measure by a vote of 49-24 with six abstentions, while the Senate passed the bill by a margin of 23-17 after several Senators railed against certain provisions. Some lawmakers and advocates have criticized the lack of transparency and wanted stronger social equity provisions.New Jersey’s decision to launch a recreational marijuana market is expected to ignite a domino effect across the Northeast and Middle Atlantic, especially putting pressure on neighboring New York and Pennsylvania to legalize adult use.
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