Choose Medical Marijuana for Significant Savings in New Jersey
Opting for medical marijuana over recreational use can save you nearly $2,000 annually in cannabis expenses in New Jersey.
Medical marijuana is more cost-effective than recreational cannabis, priced at $13 per gram compared to $18 per gram for recreational cannabis ($364 vs. $504 per ounce). Additionally, medical marijuana is exempt from the 6.625% cannabis sales tax that applies to recreational cannabis products.
Assuming a monthly cannabis consumption of one ounce, possessing an NJ medical card would result in a total cost of $364. However, the same amount of recreational marijuana would amount to $537.39 (product cost + 6.625% cannabis sales tax). Thus, having a medical card can save you a substantial $173.39 per month or $2,080.68 annually!