The yes vote on Ballot Question No. 1 leads to a constitutional amendment that tasks lawmakers with legalizing cannabis for adults 21 and older; the vote also calls for lawmakers to establish a regulatory framework for cannabis cultivation, manufacturing, and retail.
Lawmakers expected the outcome and have been preparing legislation in advance, NJ.com reports. The bill will likely be “very similar to the final draft” of a legalization proposal that failed to pass in 2019, according to its primary sponsor Sen. Nicholas Scutari (D-Union). The legislation would apply the state’s sales tax of 6.625% to legal cannabis purchases plus a 2% municipal tax, which would make New Jersey’s cannabis market the least heavily taxed in the nation, according to the report.