
Daniel T. McKillop
Partner
201-896-7115 dmckillop@sh-law.comFirm Insights
Author: Daniel T. McKillop
Date: March 22, 2019

Partner
201-896-7115 dmckillop@sh-law.comOn March 18, the New Jersey Assembly Appropriations and Senate Judiciary committees passed the latest version of New Jersey’s Cannabis Regulatory and Expungement Aid Modernization Act (Senate Bill 2703). Now Governor Murphy, Senate President Stephen Sweeney, and Assembly Speaker Craig Coughlin must secure the necessary votes to pass the legislation in both the Assembly and the Senate with a vote on March 25, which is the last opportunity for the full Legislature to vote on the bill before the three-month budget negotiation process kicks off. All three politicians have acknowledged that they do not currently have the 21 votes in the Senate and 41 votes in the Assembly needed to approve the bill.
“We’re going to have to put everything into this. There is only one state in America that has done this legislatively. Public opinion is overwhelmingly in favor of this. We’re not only expunging and undoing a whole lot of social injustices but creating a new industry. This is not an easy lift,” Gov. Murphy said.
S-2703 will legalize the adult use of recreational cannabis in New Jersey. The bulk of S-2703 is unchanged from the prior iteration the Senate and Assembly committees approved in November. Some of the major points of the bill are below.
If the Governor, Senate President Stephen Sweeney, and Assembly Speaker Craig Coughlin are able to generate enough support in Trenton in the next several days, the full Senate and Assembly will vote on the adult use bill a related expungement bill (S-3205), and the medical marijuana expansion bill (S-10), all of which are moving through the legislative process together.
If approved, the bills will go to Governor Murphy to be enacted into law and New Jersey will be the first state in the nation to legalize, tax, and regulate adult-use cannabis through legislation. If the recreational cannabis legislation fails to gain enough votes, legalization efforts will be on hold for at least three months. “It’s got to get done on March 25 or it’s not getting done until fall,” Sen. Sweeney stated. “Trying to move a marijuana bill during a budget break is not healthy.”
The Scarinci Hollenbeck Cannabis Law Practice group will be continuously tracking the status of the legislation. We encourage current and prospective members of the New Jersey cannabis industry to check back regularly for updates.
If you have any questions or if you would like to discuss the matter further, please contact me, Dan McKillop, at 201-806-3364.
This article is a part of a series pertaining to cannabis legalization in New Jersey and the United States at large. Prior articles in this series are below:
Disclaimer: Possession, use, distribution, and/or sale of cannabis is a Federal crime and is subject to related Federal policy. Legal advice provided by Scarinci Hollenbeck, LLC is designed to counsel clients regarding the validity, scope, meaning, and application of existing and/or proposed cannabis law. Scarinci Hollenbeck, LLC will not provide assistance in circumventing Federal or state cannabis law or policy, and advice provided by our office should not be construed as such.
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.

Before buying a New Jersey rental property, an investor should verify realistic operating numbers, the property’s legal and regulatory status, lead-based paint and flood compliance, the existing leases and tenant protections, and the right ownership structure. A rental property is more than a piece of real estate; it is an operating business subject to legal, […]
Author: Donald M. Pepe

In New Jersey, an irrevocable trust can sometimes be modified even though its name suggests otherwise, and one of the primary tools for doing so is a process called decanting. Whether decanting is available depends on the specific terms of the trust and the discretion given to the trustee. Key takeaways: New Jersey has no […]
Author: Marc J. Comer

Intellectual property valuation determines the monetary value of a business’s IP assets, and it drives outcomes in licensing deals, joint ventures, mergers and acquisitions, financing, and ownership disputes. The most valuable assets of a business are often the things that cannot be seen or touched: a proprietary process, a copyrighted work, brand recognition, or the […]
Author: Jay McDaniel

For New Jersey data center owners and operators, a service agreement may look routine when it is signed. The network is functioning, the vendor is meeting its installation schedule, and the parties have agreed on pricing and performance specifications. The provisions that seem most important at that stage are often the technical ones. That changes […]
Author: George McGowan

The Fort Monmouth redevelopment has entered its execution phase, and it is repositioning the broader Monmouth County real estate market. When Netflix and the Fort Monmouth Economic Revitalization Authority closed on the 292-acre Mega Parcel in December 2025, the transaction did more than hand over a deed. It marked the moment Fort Monmouth stopped being […]
Author: Donald M. Pepe

Owning a residential rental property in New Jersey involves more than finding tenants and collecting rent. Property owners must comply with a combination of state laws, municipal ordinances, building and housing codes, and zoning and land use regulations. These requirements can affect everything from the number of dwelling units permitted at a property to whether […]
Author: Donald M. Pepe
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.
Let`s get in touch!
Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!