Morristown Council Voting Tuesday On Allowing Cannabis Businesses

Morristown NJ

13 December, 2021

12:06 PM

Description

MORRISTOWN, NJ — Morristown could legalize cannabis dispensaries within town borders starting Tuesday. Granted, that would only begin the process for businesses — a maximum of two — to become part of Morristown. The ordinance would allow for up to two medical and/or recreational dispensaries to operate in Morristown. They would only be able to go in the Central Business District and zone MX-2 — Ridgedale and Madison Avenues, plus a portion of Martin Luther King Avenue. They also must be at least 1,000 feet from a grade school and 200 feet from houses of worship. Town Council voted Nov. 9 to advance the ordinance for introduction. The ordinance is up for adoption at Tuesday's meeting, which begins at 7:30 p.m. in Town Hall's Council Room. See the 16-page ordinance beginning on page 9 of the meeting's agenda. Related articles: Nov. 11: Morristown Pot Shop Ordinance Advances, But Specifics DiscussedNov. 8: 5 Things To Know About Morristown's Proposed Cannabis Ordinance The ordinance lays out several regulations, including legal hours of operation and taxes. If passed, the future businesses would be allowed to operate within the timeframe of 9 a.m. to 8 p.m. Monday through Saturday and 12-8 p.m. Sunday. The ordinance would administer a 2 percent transfer tax on all sales or transfers of cannabis products in Morristown weed establishments. The same rate would apply to the purchase price of any medical cannabis from a dispensary within town. Additionally, a 1 percent transfer tax would occur for each sale by a cannabis wholesaler within town boundaries. Opening a cannabis business in town would require approval from town and state authorities. The state Cannabis Regulatory Commission will open the application process for dispensaries March 15. Thanks for reading. Have a news tip? Email [email protected]. Subscribe to your local Patch newsletter and follow the Morristown Patch Facebook page.