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The New Jersey Legislature, on December 17, 2020, passed the “New Jersey Regulatory Enforcement Assistance and Marketplace Modernization Act,” which governs the development, regulation and enforcement of the personal use of products containing cannabis by individuals aged 21 and older. It tasks the state s Cannabis Regulatory Commission, which oversees New Jersey’s existing medical program, with overseeing the recreational market, which likely will not be up and running until 2022.
The act also provides for criminal justice reforms with respect to enumerated offenses associated with manufacturing, distributing or dispensing smaller amounts of marijuana. The act vests the commission with the authority to promote participation in the industry by minorities, women and disabled veterans as well as individuals from socially and economically disadvantaged communities. The goal is to issue not less than 30% of the total