Gov. Phil Murphy stated legalized marijuana gross sales may enhance New Jersey’s struggling economic system, which wants new income sources to climate injury from the the coronavirus outbreak.

Speaking on the Jim Kerr Rock & Roll Morning Show Tuesday, Murphy known as legalization “an incredibly smart thing to do.”

“We’re not inventing marijuana,” he stated. “It exists.”

The subject got here up because the governor spoke in regards to the ongoing monetary disaster introduced on by closures to stem the unfold of the virus in March. The state, too, has had to spend extra funds in makes an attempt to management the outbreak, and will borrow as much as $9.9 billion over the following yr, if state lawmakers approve an enormous proposal later this week.

“We still need federal cash assistance direct into the state,” Murphy, a Democrat, stated. “That’s something that I hope that Congress will get to, sooner than later, that the president will sign. That’s another big slug that we need. We’ll look at revenues that we can potentially raise on our own.”

One host chimed in, suggesting cash from a tax on cannabis purchases.

“Listen, as you probably know, I’ve been on that from day one,” Murphy stated. [Read more at]

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