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New Jersey State News and Info Daily

NJ Cannabis Sales Soar 50%, Legislative Changes, and Infrastructure Challenges Mark Pivotal Quarter

New Jersey has seen significant developments across various sectors recently. The state's cannabis industry has experienced remarkable growth, with sales reaching over $238 million in the second quarter of 2024, a nearly 50% increase from the same period last year, according to the Cannabis Regulatory Commission[1].

In government and politics, the state legislature has made adjustments under the 2023 Election Transparency Act, which includes dramatic campaign financing increases and requires donation caps to be adjusted for inflation every two years, applicable only to legislative elections[1]. The governors' conference in Atlantic City discussed Governor Phil Murphy's last budget, which received praise for funding the Anchor Property Tax Relief Program and fully funding state pension and education systems, but was criticized for its $53.1 billion price tag[1].

On the business and economy front, the state's infrastructure remains a concern, with some bridges in need of repair. The Infrastructure Investment Act's federal dollars are seen as essential for addressing these issues[1]. The impact of Trump tariffs on New Jersey's economy was also discussed, with critics arguing that these tariffs are bad policy and have not been removed by President Biden[1].

In community news, a long-term care facility in Burlington was found to have multiple health violations, including no hot water, trash buildups, staffing shortages, and an inability to meet basic standards of care and needs. This led to the suspension of admissions[1].

Looking ahead, the "Chat Box" with David Cruz will feature a special one-hour edition from the League of Municipalities conference in Atlantic City, discussing affordability, immigration, NJ Transit, and more with major candidates running for governor in 2025[1]. Additionally, the state's ongoing infrastructure challenges and the impact of federal policies on local economies will continue to be closely watched.
Broadcast on:
27 Nov 2024

New Jersey has seen significant developments across various sectors recently. The state's cannabis industry has experienced remarkable growth, with sales reaching over $238 million in the second quarter of 2024, a nearly 50% increase from the same period last year, according to the Cannabis Regulatory Commission[1].

In government and politics, the state legislature has made adjustments under the 2023 Election Transparency Act, which includes dramatic campaign financing increases and requires donation caps to be adjusted for inflation every two years, applicable only to legislative elections[1]. The governors' conference in Atlantic City discussed Governor Phil Murphy's last budget, which received praise for funding the Anchor Property Tax Relief Program and fully funding state pension and education systems, but was criticized for its $53.1 billion price tag[1].

On the business and economy front, the state's infrastructure remains a concern, with some bridges in need of repair. The Infrastructure Investment Act's federal dollars are seen as essential for addressing these issues[1]. The impact of Trump tariffs on New Jersey's economy was also discussed, with critics arguing that these tariffs are bad policy and have not been removed by President Biden[1].

In community news, a long-term care facility in Burlington was found to have multiple health violations, including no hot water, trash buildups, staffing shortages, and an inability to meet basic standards of care and needs. This led to the suspension of admissions[1].

Looking ahead, the "Chat Box" with David Cruz will feature a special one-hour edition from the League of Municipalities conference in Atlantic City, discussing affordability, immigration, NJ Transit, and more with major candidates running for governor in 2025[1]. Additionally, the state's ongoing infrastructure challenges and the impact of federal policies on local economies will continue to be closely watched.