Vote Smart's Synopsis:

Vote to pass a bill that establishes regulations on the production and selling of hemp infused products in New Jersey.

Highlights:

• Defines hemp product as a finished product with no more than 0.5 milligrams of THC per serving and 2.5 milligrams of THC within the entire package of a hemp product (Sec. 3).

• Defines hemp as the plant of Cannabis sativa L., and within that definition, it includes all parts of the plant with a 0.3% dry weight basis (Sec. 3).

• Specifies that a cannabis item also includes intoxicating hemp products as part of its definition (Sec. 3).

• Specifies that an impact zone is noted as a municipality that has been subject to criminal marijuana enterprises and increased levels of poverty and crime with the following criteria: (Sec. 3).

• A population of at least 120,000 people 

• Ranks within the top 40% of marijuana crime levels and an unemployment rank in the top 15% of municipalities 

• The municipality is located in a third class county

• Defines intoxicating hemp product as a product with at least 0.5 milligrams of THC per serving and 2.5 milligrams of THC in a package (Sec. 3).

• Prohibits an individual from distributing intoxicating hemp unless they have a valid license from the Cannabis Regulatory Commission (Sec. 5).

• Specifies that the licensing requirements for selling hemp products and who can purchase them also applies to any sales done online (Sec. 5).

• Requires any tax revenue made from the sale of intoxicating hemp products to be placed in a nonlapsing fund (Sec. 41).

• Specifies that any individual who sells a hemp product not deriving from naturally occurring chemical makeups to receive a fine of at least $100 for their initial violation and up to $10,000 for a third violation (Sec. 41).

• Specifies that transfer taxes are personally liable by the individual in charge of the retail distribution of hemp products (Sec. 40).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that establishes regulations on the production and selling of hemp infused products in New Jersey.

Highlights:

• Defines hemp product as a finished product with no more than 0.5 milligrams of THC per serving and 2.5 milligrams of THC within the entire package of a hemp product (Sec. 3).

• Defines hemp as the plant of Cannabis sativa L., and within that definition, it includes all parts of the plant with a 0.3% dry weight basis (Sec. 3).

• Specifies that a cannabis item also includes intoxicating hemp products as part of its definition (Sec. 3).

• Specifies that an impact zone is noted as a municipality that has been subject to criminal marijuana enterprises and increased levels of poverty and crime with the following criteria: (Sec. 3).

• A population of at least 120,000 people 

• Ranks within the top 40% of marijuana crime levels and an unemployment rank in the top 15% of municipalities 

• The municipality is located in a third class county

• Defines intoxicating hemp product as a product with at least 0.5 milligrams of THC per serving and 2.5 milligrams of THC in a package (Sec. 3).

• Prohibits an individual from distributing intoxicating hemp unless they have a valid license from the Cannabis Regulatory Commission (Sec. 5).

• Specifies that the licensing requirements for selling hemp products and who can purchase them also applies to any sales done online (Sec. 5).

• Requires any tax revenue made from the sale of intoxicating hemp products to be placed in a nonlapsing fund (Sec. 41).

• Specifies that any individual who sells a hemp product not deriving from naturally occurring chemical makeups to receive a fine of at least $100 for their initial violation and up to $10,000 for a third violation (Sec. 41).

• Specifies that transfer taxes are personally liable by the individual in charge of the retail distribution of hemp products (Sec. 40).

Full Bill Text