New Jersey has been working toward reducing the sales tax around medical marijuana.
The tax rate of 6.625% was applicable till the 1st of July, 2020. Since then, the following had been scheduled:
- 4% on sales made between July 1, 2020, and June 30, 2021
- 2% on sales made between July 1, 2021, and June 30, 2022
- 0% on sales made on and after July 1, 2022