In an effort to revitalize Atlantic City, a New Jersey lawmaker believes that marijuana is the winning ticket.
For years Atlantic city has been home to casinos, nightclubs, and resorts. The democratic Assemblyman, Reed Gusciora will introduce this new bill and leaving it up to the voters. This bill, Promoting Opportunities for Tomorrow or POT, aims at legalizing recreational use of cannabis products for persons over the age of 21.
More from CNBC:
It would put the question on a statewide general election ballot asking whether to permit the commercial growth, sale, possession, consumption, and taxation of marijuana within the boundaries of Atlantic City by those 21 and older.
Here’s a buzz kill: The pot would be taxed at 20 percent of its market price. But City Council President Marty Small says promoting drug use is not the way to balance the city’s books.
The post The Future of Atlantic City: Pot appeared first on Potbox.
from
https://www.potbox.com/news/future-atlantic-city-pot/
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