You are here

Home 🌿 Recreational Marijuana News 🌿 EDITORIAL: Follow the money in marijuana debate 🌿

EDITORIAL: Follow the money in marijuana debate

Submitted by Marijuana News on Thu, 06/16/2016 - 08:58

New Jersey could raise at least $300 million a year by regulating and taxing legal pot, according to a recent report by New Jersey Policy Perspective and New Jersey United for Marijuana Reform.

Sen. Nicholas Scutari is an enthusiastic proponent of the full legalization of recreational marijuana in New Jersey, even more so after a recent fact-finding tour of Colorado, where pot has already been legal for more than two years.

All jokes aside about what Scutari was doing out in Colorado — he says he did not partake — the senator was so inspired by the trip that he says he now plans to restructure an earlier legalization proposal in hopes of sparking more Statehouse interest.

In the short term, of course, there’s little point; Gov. Chris Christie will reject any legalization plan, something Scutari, D-Union, concedes. But Christie will be gone by January 2018 at the latest, and...

READ MORE: 
App.com
e-mail icon Facebook icon Twitter icon LinkedIn icon Reddit icon
Rate this article: 
Region: 
New Jersey
Colorado

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.


420 Intel is Your Source for Marijuana News

420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.

420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.

Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.

You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.