And just like that, residents of New Jersey (21+) can legally purchase recreational marijuana. From the looks of it, the first day of sales went swimmingly.
David Knowlton, chairman and CEO of Cannabis Education & Research Institute, said there's an economic interest to be in the recreational market, and there's only so much "grow" out there, since what's supplied here must be grown here.
An unofficial count shows 360 municipalities have opted out of legal marijuana industry and 90 have opted in. But new state rules could sway the reluctant.
A number of municipalities have already declared a local ban on weed sales or distribution, or are in the process of doing so, after having their original bans made null and void by the law signed by Gov. Phil Murphy in February.
New Jersey parents must be notified if their minor child is caught buying or possessing marijuana under a bill Gov. Phil Murphy signed into law Friday.
In 2018, New Jersey paid out $2.4 billion in workers' comp claims, but a new study says the introduction of recreational marijuana could reduce that figure by up to 20%.