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CPA’s Say Commercial Cannabis Industry Will Help New Jersey’s Economy

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the staff of the Ridgewood blog

Roseland NJ, Having a commercial cannabis industry in New Jersey will help the state’s economy, according to 66 percent of the 924 certified public accountants (CPAs) surveyed in August by the New Jersey Society of Certified Public Accountants (NJCPA). The majority (68 percent) of respondents either “strongly agree” or “somewhat agree” that New Jersey lawmakers need to take steps to mitigate the impact of federal regulations on the industry, such as the inability to deduct business expenses.

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Senator Declan O’Scanlon Says Medical Marijuana is Separate Issue from Adult use of Recreation Marijuana

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the staff of the Ridgewood blog

Trenton NJ, Taking significant, historic steps toward setting regulation of adult use cannabis, strengthening the state’s medical marijuana program, expanding expungement laws to include expedited services for residents.

Senator Declan O’Scanlon said legislation fixing New Jersey’s medical marijuana program shouldn’t be tied to the fate of a separate effort to legalize the adult use of recreation marijuana.

“If we truly believe that our medical marijuana program exists to ease the suffering of very sick patients, we shouldn’t tie efforts to improve the program to the outcome of a vote on recreational use,” said O’Scanlon (R-Monmouth). “Unfortunately, it seems likely that the very real needs of medical marijuana patients will continue to be held hostage by the supporters of full legalization, who insist that the very different pieces of legislation must live or die together on the floor of the Legislature. It’s despicable.”

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