The bill amends New Jersey's existing laws to enhance the regulatory framework for intoxicating hemp products, introducing new definitions and clarifications regarding their production, sale, and distribution. It establishes specific criteria for what constitutes intoxicating hemp products, including thresholds for total THC concentration, and explicitly excludes these products from the definitions of "drugs," "hashish," and "marijuana." The legislation also expands the definition of "license" to encompass those required for the manufacture and sale of intoxicating hemp products, while outlining the responsibilities of the Cannabis Regulatory Commission in overseeing compliance with safety standards.

Additionally, the bill imposes new regulations on the sale of intoxicating hemp products, including prohibiting sales to individuals under 21 years of age and requiring a certificate of analysis for these products. It introduces a $5.50 per gallon excise tax on intoxicating hemp beverages and a $30 excise fee on the transfer of other intoxicating hemp products, with revenues directed towards social equity programs. The bill also mandates criminal history background checks for license applicants and emphasizes the importance of maintaining drug-free workplaces. Overall, the legislation aims to create a structured and compliant environment for the emerging market of intoxicating hemp products while prioritizing public safety.

Statutes affected:
Introduced: 4:28-8, 24:6I-33, 24:6I-48.1, 24:6I-48.2, 24:6I-48.3, 24:6I-50, 24:21-2, 24:21-5, 40:48I-1