While adult-use cannabis was legalized in New Jersey, municipalities can still decide whether to veto or allow cannabis sales.
A new study conducted by Rutgers University and found that the municipalities in New Jersey that are most likely to allow cannabis-related businesses in their jurisdictions are also those with:
- Larger populations
- Lower property values
- Less affluent residents
- More liberal residents
The study was funded by the New Jersey State Policy Lab.
The study explored possible factors that explain the municipalities’ decisions to allow marijuana-related businesses and the impact of that decision on residential home sale prices.
Additionally, the study stated that there is evidence that municipalities are more likely to allow cannabis-related businesses if one of their neighboring towns also allows allows it.
Moreover, the authors suggested that "there could be economic and political pressure to …