In Weed We Trust: The Real Winner Of 2020 Elections Is Marijuana As 5 States Legalize

Written By BlabberBuzz | Wednesday, 04 November 2020 06:06 AM
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The Garden State would possibly turn green on Election Day.

New Jersey residents are voting Tuesday on a constitutional amendment to enable legalized recreational pot sales.

The proposal would legalize the ownership and use of marijuana for people age 21 and older, as well as approve the cultivation, processing, and sale of retail marijuana.

If passed, New Jersey would become the 12th state to legalize pot.

The issue seems poised to pass — voters approved the move two-to-one in a Fairleigh Dickinson University poll last month. It discovered that 61 percent of likely voters planned to vote, or have already voted, yes, compared to 29 percent who will vote or have voted no.

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Marijuana legalization enjoyed the most aid from Democrats (71 percent), men (66 percent), and 18- to 34-year-olds (77 percent).

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Cannabis purchases would be subject to 6.625 percent sales tax and possibly an extra 2 percent tax levied by municipalities where it’s sold.

The state previously prophesied that legalization would spur nearly $1.8 billion in annual sales — and just over $210 million in state taxes.

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People outside of New Jersey could also purchase pot in the state — though federal laws technically block them from crossing state lines with a legally obtained stash.

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If the referendum succeeds, there are still finer details New Jersey would have to strike, including how much weed one could purchase and who would be permitted to sell it.

In Colorado, for instance, people 21 years or older can legally possess 1 ounce of marijuana, while medical subjects can have up to 2 ounces. The rule is the same in Illinois, the most recent state to legalize weed, where those 21 and older can lawfully possess 30 grams.

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It’s also unclear where people would be allowed to smoke weed, though other states where it’s legal limit consumption to private property. Some states have also started cannabis lounges for on-site consumption.

That means it could be months or even years before legal sales start happening.

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The Cannabis Regulatory Commission would possibly license new operators, also, the commission is slated to take over the state’s booming medical marijuana program from the Health Department.

Gov. Phil Murphy, a Democrat, has long recommended legalizing marijuana though he failed to garner plenty of votes in the state Legislature to pass a bill in the Senate.

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“On Nov. 3, we are committed to making history in New Jersey to pass the legal adult use of marijuana,” Murphy said throughout an online panel about the issue last month, “We can’t fail, folks. We have to make sure this happens, and it will transform our state.”

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