Wagner, Eustace & Gusciora Introduce Bill to Dedicate Taxes Collected from Medical Marijuana Sales for Medical Research

Assembly Democrats News Release

Wagner, Eustace & Gusciora Introduce Bill to Dedicate Taxes Collected from Medical Marijuana Sales for Medical Research

Christie administration announced last month sales tax will apply to medical marijuana even though other prescription, over-the-counter drugs in NJ are not taxed

(TRENTON) – In response to the Christie administration’s decision to tax medical marijuana prescriptions, Assembly Democrats Connie Wagner, Tim Eustace and Reed Gusciora have introduced legislation that would appropriate the taxes collected from the sale of medical marijuana for medical research grants to further study the very same conditions that medical marijuana helps alleviate.

“Patients suffering from debilitating illnesses like cancer, HIV and multiple sclerosis have waited long enough for the medical marijuana law to be implemented in New Jersey. Now they have to deal with news that unlike other prescription medicine in the state, medical marijuana will be subject to the state’s 7 percent sales tax,” said Wagner (D-Bergen). “I understand the need to boost revenue, but not at the expense of these patients. This bill ensures that these patients, not the state, benefit from the taxation of medical marijuana by using the money to fund research that may lead to a cure.”

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