New Jersey: Marijuana Tax Handbook

New Jersey:

New Jersey Marijuana Tax Rate

Sales Tax Medical Excise Tax Medical Max Medical Tax Sales Tax Recreational Excise Tax Recreational Max Recreational Tax
2.00% N/A 2.00% N/A N/A N/A

2022 New Jersey Marijuana Tax Handbook

New Jersey patients are required to pay a 2% sales tax on every purchase of medical marijuana. There is no additional excise tax on medical marijuana in New Jersey.

Recreational marijuana is legal in New Jersey, but there is no cannabis sales tax for it.

About New Jersey Marijuana Tax

zero percent on or after 7/1/22

What is the most recent revenue statistic for New Jersey?

Any revenue collected from sales tax on medical marijuana is to be used exclusively for programs to treat mental health and substance abuse disorders

Is the New Jersey Marijuana Tax Weight-Based or Percentage-of-price-Based?

New Jersey's marijuana program uses a Percentage-of-price tax system. This means that the tax charged is calculated using the retail price of the Marijuana at the time of purchase.

Does New Jersey have a Controlled Substances Tax?

New Jersey does not have a Controlled Substances tax involving Marijuana.

How do New Jersey's marijuana taxes compare to the states around it?

New York

Note: It is illegal to transport marijuana accross state lines.

For more information about New Jersey Marijuana Taxes, visit the New Jersey Marijuana Tax page.

** This Document Provided By SalesTaxHandbook **