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.