Bill > A6267

This bill makes several changes to the Cannabis Regulatory Commission (CRC) and the legal cannabis marketplace. It modifies how the CRC chair is selected, shifting from appointment by the Governor to selection by a majority of the commission's members, and clarifies that the chair does not have direct supervisory power over other members. The bill also adjusts the appointment process for commission members, with the Senate President and Speaker of the General Assembly each appointing one member, and the Governor appointing three. It revises salary limits for the chair and other commission members, and allows members to hold local elected office under certain conditions, including fundraising for those campaigns, but prohibits donations from cannabis businesses to campaigns of commission members seeking local office. Additionally, the bill clarifies rules regarding meetings and discussions with interested parties, expands the scope of individuals and entities subject to conflicts of interest laws related to cannabis businesses, and establishes a new enforcement program for unlicensed cannabis sales. It also updates regulations for Workplace Impairment Recognition Evaluators, clarifies definitions related to cannabis, and allows for expanded ownership structures for cannabis retailers, including allowing investors to own up to 35% of up to seven licensed retailers that are certified minority, women's, or disabled-veterans' businesses. Finally, it permits Class 5 Cannabis Retailer licensees to operate up to two satellite retail locations and allows alternative treatment centers to hold multiple cannabis licenses.

Budget and Finance, Government Affairs

https://www.njleg.state.nj.us/bill-search/2024/A6267