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Cannabis Cash Left out of New Jersey Budget, But Governor Says It Is Coming | Cannabis Business Times

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Cannabis Cash Left out of New Jersey Budget, But Governor Says It Is Coming

Gov. Phil Murphy remains optimistic that the state will legalize recreational cannabis soon.

New Jersey Statehouse

TRENTON, N.J. (AP) — New Jersey did not legalize recreational marijuana as part of the state's newly enacted budget, but Democratic Gov. Phil Murphy and a key lawmaker say it will get done soon.

Advocates of legalization say they're trying to overcome decades of stigma as well as a federal prohibition in an effort to make New Jersey the latest state to legalize cannabis. But they say they remain optimistic that bills will pass the Democrat-led Legislature this year. Opponents point to the legalization effort's slow going as a sign the effort could stall out.

Nine states and the District of Columbia have legalized recreational marijuana.

Murphy initially penciled in $60 million in tax revenue from expected legalization, which he anticipated beginning next January, but the legislation has largely stalled in the Democratic-led Legislature.

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Top photo courtesy of Adobe Stock

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