N.J. Admin. Code § 17:30-16.4

Current through Register Vol. 56, No. 8, April 15, 2024

Section 17:30-16.4 - Tax stamp and tracking

(a) Every cannabis item shall contain a unique stamp or tag, as prescribed by the Commission, that, at a minimum:

1. Verifies the cannabis item was cultivated, manufactured, and sold by licensed cannabis businesses.

i. The Commission shall utilize the unique stamp or tag to provide the license numbers where the cannabis item was cultivated, manufactured, and sold to consumers who purchase cannabis items;

2. Tracks the batch(es) and lot(s) with which the cannabis item is associated; and

3. Allows the Commission to track compliance with sales tax, municipal transfer tax, and social equity excise fees.

(b) Cannabis businesses shall be responsible for paying any fees, as determined by the Commission, for the unique stamp or tag required by this subchapter.

(c) Until such time as the Commission designates a tax stamp pursuant to this subchapter, the Commission shall authorize cannabis items to be sold without tax stamps.

N.J. Admin. Code § 17:30-16.4

Adopted by 53 N.J.R. 1583(a), effective 8/19/2021

Recodified to 17:30-19.4 by 55 N.J.R. 402(a), effective 3/6/2023