Marijuana

Business Community Eyes Election’s Consequences for NJ

Nov04,2020

As the vote-counting continued Wednesday and the nation waited to learn who its next president would be, New Jersey’s business community was already focused on a sea change in public policy coming in 2021 now that Garden State voters have overwhelmingly approved the Nov. 3 ballot question to legalize the cultivation, processing, sale and use of recreational marijuana here next year. Benjamin Dworkin, director of the Rowan Institute for Public […]

More Financial Institutions Embracing Legal Marijuana Businesses

Oct14,2019

By NJBIA

More banks and credit unions are providing banking services to marijuana-related businesses, according to the Financial Crimes Enforcement Network. The agency’s quarterly Marijuana Banking Update shows 553 banks and 162 credit unions were servicing the industry as of June 30, a total of 715 financial institutions. It said it received a total of 87,249 suspicious […]

14% of Americans Say they Use CBD Products

Aug12,2019

By NJBIA

A recent Gallup poll finds that one in seven Americans personally use CBD-based products, which have proliferated since last year’s passage of a federal law legalizing this hemp form of cannabis. The poll finds that younger Americans and those in the western part of the country are most likely to report using these products, which […]

Workplace Safety Jeopardized by Proposed Changes to Marijuana Legalization Bill

Mar14,2019

By NJBIA

The New Jersey Business & Industry Association said Thursday that proposed changes to legislation legalizing recreational marijuana would jeopardize workplace safety by removing key provisions that guaranteed employers the right to continue to enforce drug-free workplace policies. “Any legislation that legalizes recreational marijuana must state clearly that legalization does not repeal or restrict the rights […]

A Closer Look at Employer Impact of Bills Legalizing Marijuana

Nov27,2018

By NJBIA

New Jersey took its first steps toward legalizing marijuana Nov. 26 when both the Senate and Assembly appropriations committees voted to release bills that would not only expand access to medical marijuana but legalize recreational use of the drug as well. If enacted into law, New Jersey would become the 11th state to make it […]

Marijuana

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