(This story has been updated from an earlier version.)
New Jersey Gov. Phil Murphy promised during his campaign that he would legalize recreational marijuana in the state.
But first, the Democrat hopes to revive New Jersey’s medical cannabis program.
The governor said he’s asking regulators to focus on:
- Expanding the medical marijuana program.
- Proposing new regulations.
- Repealing rules that hamper the market.
The program has 15,000 registered patients while similar-sized state markets have hundreds of thousands of enrollees. Michigan, for example, has 218,000 registered patients.
The state’s medical marijuana program was expected to generate $20 million-$22 million in sales in 2017, according to Marijuana Business Daily estimates.
During his campaign to replace Republican Gov. Chris Christie, Murphy said he would sign an adult-use cannabis bill as soon as his first 100 days in office. A bill is pending in the Democrat-led legislature.
Murphy was sworn in Jan. 16.
– Associated Press and Marijuana Business Daily