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NJ Senate Passes Bill to Address Legal Cannabis Company Tax Issues

The New Jersey State Senate passed a bill allowing legal cannabis companies to keep separate state tax provisions from the federal prohibition on deductions to help alleviate legal cannabis tax issues companies are facing. Currently, legal cannabis companies cannot deduct their business expenses from their taxes, a common business practice since cannabis remains a Schedule […]

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NJ Cannabis Legalization Sponsor Nick Scutari Defeats Gill to Become Senate President

The New Jersey Legislature was reorganized today with NJ cannabis legalization sponsor Nick Scutari (D-Union) becoming State Senate President. NJ cannabis legalization opponent State Senator Ron Rice (D-Essex) nominated Nia Gill (D-Essex) against Scutari. He was a consistent opponent of Scutari during the cannabis reform debate. She followed his lead. Shortly after the surprising defeat […]

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NJCBA Panel with Incoming NJ Senate President Nick Scutari, Doesn’t See Home Grow Passing Soon

New Jersey CannaBusiness Association (NJCBA) President Ed DeVeaux hosted an online zoom chat with NJ cannabis sponsor and incoming New Jersey Senate President Nick Scutari (D-Union) on home grow. DeVeaux asked about the feasibility of home grow legislation passing. “I don’t see it happening any time soon,” Scutari said. He said he is not against […]

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Cannabis Sponsor Nick Scutari to be NJ Senate President After Defeat of Sweeney

New Jersey cannabis legalization sponsor Nick Scutari (D-Union) will be the new State Senate President after the electoral defeat of incumbent Steve Sweeney (D-Gloucester). It was decided last week in a series of meetings. Assembly Speaker Craig Coughlin (D-Middlesex) will remain in his position in the new session of the legislature convening in January. Sweeney […]

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Legalization Hearing of NJ Cannabis Canceled by NJ Senate

The Senate Judiciary Committee chaired by Nick Scutari (D-Union) aborted the second of two legalization hearings regarding the compromise New Jersey cannabis bill S. 3454. The first of the alleged last legalization hearings was held Monday. The second last legalization hearing was supposed to be held yesterday. Despite alluding to the New Jersey cannabis bill […]

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Weed News: President’s Day Cannabis Bill Hearing Debate

The Senate Judiciary Committee chaired by Nick Scutari (D-Union) held its first of two hearings today on President’s Day regarding the compromise cannabis bill S. 3454, which made weed news. The cannabis bill “addresses underage possession or consumption of various forms of cannabis, including legal consequences for such activities set forth in legislation passed by […]

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Cannabis Reform Sponsors Challenged By Homegrow Supporters

Cannabis reform sponsors Assembly members Anette Quijano (D-Union) and Jamel Holley (D-Union) are being challenged by progressive NJ cannabis home grow supporters in the 20th Legislative District (LD) Democratic primary. Aissa Heath and Ricky Castaneda are running for the Assembly seats. Jason Krychiw is challenging Holley in his bid to oust incumbent Senator Joe Cryan […]

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