New Jersey Governor Murphy Signs Bills Legalizing Cannabis

2.3 min readPublished On: February 22nd, 2021By

TRENTON – Gov. Phil Murphy signed three bills today that together legalize cannabis in New Jersey and put an end to thousands of arrests.

Finally, New Jersey’s legal cannabis marketplace will be launched and the cannabis business community in New Jersey are ready to take advantage of the opportunities in the burgeoning billion-dollar industry. It’s been a saga, years of failed legislative attempts, despite 2.7 million votes in favor led to months of negotiations on the new law. The negotiations were mostly on tax revenue, licensing rules and penalties for those under 21 caught with cannabis.

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Newsteam at Highly Capitalized are some of the most experienced writers in cannabis and psychedelics business & finance. We cover capital markets, finance, branding, marketing and everything important in between. Most of all, we follow the money.

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