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New Jersey Governor Proposes Marijuana Tax Hike - Cannabis News World

Summary by Cannabis News World

“In just five years, cannabis has gone from destroying lives—in the form of excessive criminal sentences—to helping save lives.” By Sophie Nieto-Muñoz, New Jersey Monitor New Jersey Gov. Phil Murphy (D) wants to hike a special tax on cannabis from $2.50 to $15 an ounce to fund social service and violence intervention programs with tens The post New Jersey Governor Proposes Marijuana Tax Hike appeared first on Marijuana Moment.

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Cannabis News World

New Jersey Governor Proposes Marijuana Tax Hike - Cannabis News World

8 hours ago

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newsbudz.com

SEEF Wholesale Cannabis Tax Town Hall Held as Gov Murphy Proposes Increase

Governor Phil Murphy introduced a budget proposal for Fiscal Year 2026 that would increase the Social Equity Excise Fee (SEEF) tax paid on cannabis and hemp as a townhall on how the money would be spent was held by the NJ Cannabis Regulatory Commission (NJ-CRC). Murphy's Administration released their lengthy Fiscal Year 2026 budget proposal. [ . . . ] Source: SEEF Wholesale Cannabis Tax Town Hall Held as Gov Murphy Proposes Increase from Heady NJ

9 hours ago

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City of Albuquerque

Marijuana Tax Revenue Allocated to Break Cycles of Addiction

Key funding goes toward substance use prevention, treatment, and recovery programs.

11 hours ago

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English Times

New Jersey governor proposes stiff marijuana tax hike, new hemp levy – English Times

New Jersey Gov. Phil Murphy is proposing a significant tax hike on the state’s $1 billion adult-use marijuana industry and a new, even bigger tariff on intoxicating hemp products. New Jersey governor proposes stiff marijuana tax hike, new hemp levy is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

11 hours ago

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