New Jersey has chosen to legalize the use of recreational cannabis on Tuesday in a ballot measure, the New York Times reported.
What Happened: Over 67% of the respondents voted in favor of legalizing cannabis, while almost 33% voted against it, according to the Times.
The results reportedly allow officials in New Jersey to begin the process of framing rules related to regulation and testing of cannabis.
“New Jersey voters have made their voice clear,” Evan Nison, Board Member and Treasurer for NORML National, told Benzinga. “They want to replace cannabis prohibition with a regulated market. Now the Legislature must act quickly to stop the 32,000 cannabis arrests per year and regulate the industry in a fair way.”
Why It Matters: New Jersey voters have approved a 6.625% state tax on cannabis sales to customers aged 21 or older and permitted municipalities to charge an extra 2% tax, noted the Times.
The measure is reportedly expected to rake in $126…
