NJ Senate Budget Committee Passes Cannabis Bill for Businesses to Deduct Taxes
The New Jersey State Senate Budget and Appropriations Committee passed a cannabis business tax bill yesterday. It was designed to address the fact that licensed cannabis companies cannot deduct their expenses from their taxes, a common practice.
It was sponsored by Senator Troy Singleton (D-Burlington) and Shirley Turner (D-Mercer).
 
								 
				 
				 
				 
				 
				 
				 
				 
				 
				 
				 
				