This bill amends New Jersey law to establish a comprehensive regulatory framework for the sale and distribution of hemp-derived consumable products. It introduces new definitions, such as "Batch" and "Distributor," and clarifies the legal status of hemp and its derivatives as agricultural commodities rather than controlled substances. The legislation mandates that businesses involved in the manufacturing or sale of these products obtain a license from the Department of Agriculture, which will also oversee compliance with safety standards through independent testing laboratories. Additionally, the bill prohibits the sale of hemp-derived products to individuals under 21 years of age and imposes civil penalties for violations, including potential criminal charges for repeat offenders.

Moreover, the bill includes provisions for the establishment of a "New Jersey Hemp Farming Fund" to support social equity programs and mandates public hearings for input on social equity investments. It also allows existing alcohol license holders to sell hemp-derived beverages and outlines specific licensing requirements for breweries and cannabis retailers. The legislation emphasizes consumer safety through strict labeling and packaging requirements, as well as the development of rules and regulations by the Department of Agriculture to enforce compliance. Overall, the bill aims to promote the growth of the hemp industry in New Jersey while ensuring public safety and supporting local communities.

Statutes affected:
Introduced: 4:28-8, 24:6I-33, 24:21-5, 24:6I-50, 40:48I-1, 4:28-13