ASSEMBLY OVERSIGHT, REFORM AND FEDERAL RELATIONS COMMITTEE

STATEMENT TO

ASSEMBLY, No. 4760

STATE OF NEW JERSEY

DATED:  OCTOBER 17, 2024

      The Assembly Oversight, Reform and Federal Relations Committee reports favorably Assembly Bill No. 4760.

      This bill permits Class 5 Cannabis Retailer licensees to sell certain non-intoxicating products in store.

      Under the bill, a retailer is permitted to sell non-intoxicating food and beverage products.  The sale of non-intoxicating products is prohibited from exceeding 30 percent of the store’s annual gross revenues.  The 30 percent cap established under the bill does not apply to the sale of coffee or water by the retailer.