NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
In testimony before two legislative committees today on bills to create and regulate a legal marijuana marketplace, NJBIA asked lawmakers for amendments clarifying that businesses can continue enforcing their drug and alcohol workplace safety standards. New Jersey voters approved the full legalization of marijuana by referendum, effective Jan. 1, but it is up to the […]
Gov. Phil Murphy spent 11 minutes with talk show host Steve Adubato recently discussing taxes, marijuana, and a handful of other issues. Legalizing recreational use of marijuana is a campaign promise that Murphy has not yet achieved. So will it happen in six months to a year? “I think if you say within a year, […]
For legal marijuana businesses, paying bills such as taxes can be tricky because many of them are forced to operate without a business banking account. Banks are regulated by the federal government, and while individual states may legalize marijuana, medical or otherwise, the federal government still considers it an illegal drug. Hence, banks are reluctant […]
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY), Rep. Jared Golden (D-ME), and Rep. Dwight Evans (D-PA) announced legislation to extend several Small Business Administration (SBA) initiatives to small businesses operating in the cannabis sector. Velázquez has introduced H.R. 3540, the Ensuring Safe Capital Access for All Small Businesses Act of 2019. […]
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New Jersey Business & Industry Association
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