Bill > S4509

This bill creates a comprehensive regulatory scheme for hemp-derived cannabinoid products and intoxicating hemp beverages in New Jersey, with a focus on protecting consumer safety and preventing sales to minors. The bill establishes strict guidelines for the production, sale, and distribution of hemp-derived products, including provisions that prohibit the sale of products containing synthetically manufactured cannabinoids or those exceeding specific THC concentration limits. Starting April 13, 2026, it will be unlawful to sell hemp-derived cannabinoid products that do not meet the new regulatory standards, with penalties ranging from civil fines to potential criminal charges. The legislation also imposes an excise tax of $3.75 per gallon on wholesale sales of intoxicating hemp beverages and allows licensed cannabis retailers to sell hemp-derived cannabinoid products intended for human consumption. Additionally, the bill provides a transition period for existing licensees, allowing them to continue selling certain intoxicating hemp beverages until November 13, 2026, with specific storage and sales restrictions. The Cannabis Regulatory Commission will be responsible for implementing and enforcing these new regulations, working in conjunction with state and local law enforcement agencies to ensure compliance.

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https://www.njleg.state.nj.us/bill-search/2024/S4509