Recreational marijuana bills advance in New Jersey
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The New Jersey state Assembly and Senate advanced bills that would legalize recreational marijuana use in the state, according to information on the state website.
The Assembly Appropriations Committee voted 6 to 1 with two not voting and two abstentions to advance A.B. A 4497, the New Jersey Cannabis Regulatory and Expungement Aid Modernization Act, which legalizes personal use cannabis for adults, creates a Cannabis Regulatory Commission to regulate personal use and medical cannabis, and provides expungement relief for certain past marijuana offenses.
The State Senate Judiciary Committee voted 6 to 4 with one abstention to advance its identical S.B. S2703, the New Jersey Cannabis Regulatory and Expungement Aid Modernization Act, which legalizes personal use cannabis for adults, creates a Cannabis Regulatory Commission to regulate personal use and medical cannabis, and provides expungement relief for certain past marijuana offenses.
The bills are scheduled for a March 25 vote as New Jersey moves to legalize adult recreational marijuana use.
The cannabis industry has posed a challenge to the insurance business as capacity and coverage is constrained and a conflict remains between federal law, under which marijuana is still illegal, and some state statutes, which permit use.
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