Legal Pot Could Bring $300 Million to New Jersey

From the Asbury Park Press, May 24, 2016:

Legalizing, regulating and taxing marijuana in New Jersey could bring at least $300 million a year into the state’s coffers to use for things such as drug treatment, job training and education, according to a joint report issued Tuesday by a policy group and a consortium of marijuana legalization advocates.

New Jersey Policy Perspective and New Jersey United for Marijuana Reform unveiled the report, which they said is the first of its kind in New Jersey, at a news conference at the Statehouse in Trenton. The analysis uses estimates that are based on legalization and regulation of marijuana for use by people 21 and older.