NJ lawmakers announce deal that could legalize recreational weed

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It’s high time recreational weed becomes legal in the Garden State, and on Tuesday, New Jersey lawmakers announced a deal that could do just that. The bill — which would hit those who partake with a $42 per ounce tax– could pass as early as March 25, Gov. Phil Murphy and other legislative leaders said. Under the never-before-revealed plan, cities with cannabis retailers could collect a 3 percent tax revenue and those with cultivators — growers and farmers — will collect a 2 percent tax.

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