Bill to launch N.J. legal weed industry is back on track, could pass by Monday

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New Jersey could be less than a week away from passing a bill that will launch the legal weed industry after lawmakers agreed to impose an additional tax on growers that could one day boost marijuana tax revenue to $450 million, NJ Advance Media has learned

Sen. Nicholas Scutari, D-Union, said his bill (S21) will be amended to include a tax on marijuana growers. It would start as just a fraction of a penny but increase over time as the price of marijuana falls.

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