It is the purpose of this legislation to implement the New Jersey
Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization
Act (the "Personal Use Act"), N.J.S.A. 24:6I-31 to 24:6I-56, and the
Jake Honig Compassionate Use Medical Cannabis Act (approved July 2,
2019), P.L. 2019, c. 153, revising and supplementing P.L. 2009, c.
307, N.J.S.A. 24:6I-1 through 24:6I-30, which authorizes the governing
body of a municipality to adopt an ordinance establishing a transfer
tax and user tax on the sale of cannabis and cannabis items by cannabis
establishments located in the City of Hoboken.
The cannabis transfer tax or user tax shall be in addition to
any other fee imposed pursuant to statute or local ordinance or resolution
by any governmental entity upon the cannabis wholesaler, cannabis
retailer, medical cannabis dispensary or cannabis delivery service.
A copy of this article shall be transmitted to the State Treasurer
and to each cannabis wholesaler, cannabis retailer, medical cannabis
dispensary and cannabis delivery service located within the City of
Hoboken.