Lawmakers are poised to vote on making New Jersey the 11th state to legalize recreational marijuana.
The vote, whose outcome remains unclear, comes after more than a year of mostly back-room wrangling since Democratic Gov. Phil Murphy came into office. Murphy campaigned on legalization, in contrast with his predecessor, RepublicanNew Jersey would join the District of Columbia and 10 other states with legalized recreational use of the drug for adults if the vote succeeds.
The measure calls for setting up a five-person cannabis regulatory commission, which would set the ground rules and oversee marijuana regulation in New Jersey. The measure also aims to incentivize women and minorities to participate in the legal marijuana market by requiring 30 percent of licenses go to these groups.
It could be about six months retail locations open since the commission would have to set guidelines.Lawmakers are proposing the $42 per-ounce tax, with towns permitted to tax more, up to 3 percent in the case of retailers.
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