This week was dominated by the news that New Jersey finally legalized cannabis, months after over two-thirds of New Jerseyans voted to legalize.
The state’s difficulty in passing overwhelmingly popular legislation offers a cautionary tale to other states that are hoping to legalize to pave over budget deficits and spur criminal justice reform. It’s a lot easier said than done. And it may take years to actually see the promised tax revenue from a fully established cannabis market.
– Read the entire article at Business Insider.