Cannabis Opportunities In New Jersey

New Legislation Passed That Legalized Recreational Marijuana

Division
New Jersey
Jay Matos
Marijuana Lobbyist & Expert
About The Highway Company

The Highway Company are cannabis experts and business consultant with a deep understanding of cannabis laws, rules, and regulations across the local, state and federal level. For more than a decade, we have served as advocates, educators, and lobbyists to a multitude of business owners & government officials.

Current Laws In New Jersey

Medical Marijuana: Yes

Recreational Marijuana: No

Decriminalized: -

In-Home Cultivation: -

New Jersey legalization headed to 2020 ballot

On December 16, 2019, supermajorities in the New Jersey Senate and Assembly approved a resolution that will refer to voters the question of legalizing marijuana for adults’ use. While MPP strongly preferred a 147-page bill, which included important provisions for equity and would have taken effect sooner, the necessary Senate votes were unfortunately not there for that approach, and the voter referral appeared to be the only path to legalize cannabis in New Jersey.

The proposed constitutional amendment (SCR 183) is narrow in focus, as is required by New Jersey law, and seems to require implementing legislation. If approved by New Jersey voters on Tuesday, November 3, 2020, the measure would:

legalize regulated cannabis for adults 21 and older while keeping unregulated cannabis illegal;

charge the legislature with authorizing the Cannabis Regulatory Commission, or a successor agency, to regulate legal cannabis;

limit state taxes on retail sales to the sales tax rate, which is currently 6.625%; and

allow municipal retail taxes of up to 2%.

Meanwhile, other reforms are moving forward. Also, on December 16, 2019, the legislature approved a “clean slate” expungement bill, to allow those with cannabis and other convictions to more easily remove from public view the scarlet letter that derails job and housing prospects. Gov. Murphy signed the bill into law two days later. Among other improvements, S.4151 requires the courts — with help from an expert task force — to develop and implement an automatic sealing process for most marijuana offenses.

In New Jersey, simple possession of marijuana is still punishable by up to six months in jail. As data compiled by the ACLU-NJ shows, 94 individuals are arrested every day for marijuana in New Jersey. Unless the legislature acts, more than 30,000 individuals will face traumatic arrests and prosecutions while voters wait for Election Day.

Medical cannabis program expanded

On June 2, 2019, Gov. Phil Murphy signed A20, also known as Jake’s Law — named after Jake Honig, a pediatric patient who used medical marijuana during his battle with cancer. The law institutes many much needed reforms to the medical marijuana program, including:

expanding qualifying conditions, including by adding chronic pain;

providing anti-discrimination protections, including related to education, rental housing, professional licensing, and employment;

expanding access, including by increasing the number of cultivators, retailers, and manufacturers; and

allowing home delivery.

A more detailed summary of the changes can be found by our friends at MPP here.

Cannabis Opportunities In New Jersey

Founded by Jay Matos, the lobbyist of the marijuana industry, The Highway Company Offers a variety of strategic approaches that can secure your position In the New Mexico cannabis industry.
Coming from a lobbyist background, finding Cashless Cannabis™ & Bud Bank™, and being in the industry for a decade gives our partners an advantage by:

  • Scouting Dispensary Locations
  • Securing Banking and Bank Accounts With Bud Bank
  • Securing Cashless Payments With Cashless Cannabis
  • Developing Security Service & Remote Monitoring.
  • Working With Local Municipal Governments
  • Securing Proper Land Use
  • Completing all Dispensary Applications
  • Securing Proper Recreational Licensing
  • Hiring & Training Staff
  • Developing A Compliance Game plan.
  • Securing Wholesalers
  • Securing Top Brands to Stock
  • Developing White Labeled Product

Our Services

Founded by Jay Matos, the lobbyist of the marijuana industry, The Highway Company offers a variety of services that can secure your position in your local marijuana industry.

Legal & Licensing

Secure your license and have a legal staff on hand after opening.

Cashless Cannabis™

Cashless Cannabis™ is the industry's first cashless sales system designed for out of state investors.

Bud Banking™

Bud Bank™ is the industry's first legal cannabis bank account program.

Operations & Staffing

From preparing for inspections to staffing a dispensary.

White Labeling & Marketing

Sourcing product and white labeling experts that have designed data driven concepts to ensure a profit.

Exit Strategy

Not all good things last. They become great. We will optimize your business for a maximum evaluation.

Be Our Next Multi-Million
Dollar Dispensary.

Founder of Cashless Cannabis™ & Bud Banking™,
The Highway Company provides investors a turn-key cannabis operation.