[Adopted 1-23-2023 by Ord. No. O02-2023]
Pursuant to Section 40 of the New Jersey Cannabis Regulatory,
Enforcement and Marketplace Modernization Act (CREAMMA), the following municipal tax shall be collected from the
following cannabis license holders:
A. A 2% municipal
transfer tax shall be imposed on the lawful sale of cannabis produced
by any Class I, II and V license holder.
B. A 1% municipal
transfer tax shall be imposed on the lawful sale of cannabis produced
by any Class III license holder.
C. All municipal
taxes identified herein shall be paid to the City of Gloucester City
no later than February 1 in the subsequent year from when it is incurred
and collected by the license holder.
[Adopted 3-27-2023 by Ord. No. O08-2023]
This article shall be enforced by the Police Department and/or
other municipal officials of the City of Gloucester City.
The Clerk of the City of Gloucester City shall turn over all
said license fees collected by him/her to the City Chief Financial
Officer.
Any person violating any provision of this article shall, upon
conviction thereof, be subject to a fine not exceeding $2,000 or imprisonment
in the county jail for a term not exceeding 90 days or a period of
community service not exceeding 90 days, or any combination thereof,
in the discretion of a court of competent jurisdiction. Each and every
day that such violation shall continue shall be a further and separate
offense under the terms of this article, subject to the penalties
herein prescribed.