After waiting months for word on cannabis legalization talks in New Jersey, budgetary committees from both the state Senate and Assembly approved the New Jersey Marijuana Legalization Act (“Act”), thus, paving the way for the New Jersey Legislature to fully vote on the Act. This marks a historic time in New Jersey for those fighting for the further expansion of medicinal use and legalization of adult-use cannabis in New Jersey as this is the first adult-use legalization bill to make it past introduction in New Jersey. The Legislature is scheduled to be back in session December 17th. This is an exciting time for our existing Clients and friends in the cannabis community as we look forward to the future expansion of the cannabis industry in New Jersey.