This bill amends New Jersey law to enhance the regulatory framework for the licensing and sale of intoxicating hemp products. It introduces new definitions, such as "intoxicating total THC concentration," and clarifies that intoxicating hemp products produced in compliance with the new legislation will not be classified as controlled substances. The bill also modifies existing definitions of "drugs," "hashish," and "marijuana" to explicitly exclude intoxicating hemp products, thereby differentiating them from other controlled substances. Additionally, it establishes licensing requirements for entities involved in the production and sale of these products, emphasizing compliance with THC concentration limits and prohibiting sales to individuals under 21 years of age.

Furthermore, the bill imposes an excise tax on intoxicating hemp beverages and other products, with revenues directed towards social equity programs. It allows municipalities to impose a transfer tax on the sale of cannabis and intoxicating hemp products, while also mandating criminal history background checks for applicants involved in their manufacture and distribution. The legislation prohibits the sale of intoxicating hemp products through vending machines and online, requiring that all sales occur at licensed physical locations. Overall, the bill aims to promote the responsible sale of intoxicating hemp products while ensuring public safety and compliance with state regulations.

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