According to a new survey, New Jersey voters are strongly in favor of a referendum to legalize marijuana on their ballots this November. Also, the new poll showed the most support of setting a tax rate for cannabis that’s higher than the standard sales tax. The poll, commissioned by Brach Eichler LLC, showed 66 percent of likely voters back the legalization measure, which was placed before voters by the legislature. For the tax rate question, respondents were asked whether adult-use cannabis “should have a higher sales tax rate than other goods and services in New Jersey (currently 6.625%).” About 55 percent said marijuana should be taxed higher. Charles Gormally, cochair of the Cannabis Law Practice at the law firm Brach Eichler LLC, said in a press release. “Voters are also saying they want the revenue derived from this taxation to be earmarked for drug awareness and education.”
Kyle Jaeger, Marijuana Moment, 08/20/2020 16:37:28