New Jersey weighs ‘social equity’ tax…

New Jer­sey law­mak­ers may include a so-called social equi­ty tax in the leg­is­la­tion estab­lish­ing a legal mar­ket for recre­ation­al mar­i­jua­na, accord­ing to reports.

Bills in the state Sen­ate and Assem­bly would give cannabis reg­u­la­tors the author­i­ty to impose the “social equi­ty excise fee,” which would help fund pro­grams aimed at reduc­ing racial dis­par­i­ties caused by drug laws.

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