Pot is legal throughout the Garden State as of Thursday, April 21. Although many of us thought it was time for cannabis to be removed from the list of criminal offences, there are some concerns.
My friend Tom Pyle, a Princeton-educated local leader working with people with mental illness, joined me for an in-depth conversation on my podcast. We discussed results in Colorado and other states that saw an increase in minority youth arrested immediately after legalization, an increase in traffic accidents, and property crimes around dispensaries.
I shared my thoughts after meeting with several top investors at local dispensaries learning that many leaders in the cannabis industry are the ones pushing for pot to stay illegal at the federal level.
It makes sense, of course. No pot across state lines requires local cultivation licenses, which limits supply and potentially keeps the price artificially high. The unintended consequence of this will likely be a thriving black market. Cheaper products lead to potentially more dangerous behaviors.
My friend Heather Darling, who serves as an alternate in Morris County, weighed in and shared some of the same concerns. Listen to my full conversation with Heather here:
And with Tom Pyle here:
Contact me on the free New Jersey 101.5 app and let me know your thoughts on legal pot in the Garden State.
The above post reflects the thoughts and observations of Bill Spadea, host of New Jersey talk show 101.5. All opinions expressed are those of Bill. Bill Spadea is on the air weekdays from 6-10 a.m., speaking from Jersey, taking your calls at 1-800-283-1015.
WATCH: States with the most new small businesses per capita
Municipal tax bill for every city and town in NJ, filed
Just under 30 cents of every $1 of property taxes collected in New Jersey supports municipal services provided by cities, townships, boroughs, and villages. Statewide, the average municipal tax bill alone in 2021 was $2,725, but that varied widely from over $13,000 in Tavistock to nothing in three townships. In addition to the $9.22 billion in taxes for municipal purposes, special tax districts that in some locations provide municipal services such as fire protection, garbage collection or economic development collected 323, $8 million in 2021.