This bill establishes a prohibition on the use of coupons, price rebates, and price reductions in the retail sale of cannabis items by Class 5 cannabis retailers in New Jersey. Specifically, it forbids these retailers from offering or accepting coupons, providing price reduction promotions, or offering price rebates. The bill outlines a civil penalty structure for violations, starting at $250 for the first offense, escalating to $500 for a second violation, and $1,000 for any subsequent violations. These penalties are to be collected and enforced through the municipal court system, with the proceeds going to the municipality where the violation occurred.

Importantly, the bill allows for exceptions regarding medical cannabis, permitting dispensaries to use coupons and discounts for registered qualifying patients. Additionally, it grants the Cannabis Regulatory Commission the authority to suspend or revoke a retailer's license for repeated violations, with the possibility of a monetary penalty in lieu of suspension. The penalties outlined in this bill are supplementary to any other penalties that may be imposed under the New Jersey Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act. The bill is set to take effect immediately upon enactment.