Support Commercial Cannabis in Medford, NJ

Cannabis presents a unique opportunity for Medford to establish a top-tier source of municipal revenue, surpassing traditional methods like permit fees, state aid, grants, and miscellaneous revenues. With New Jersey’s legal framework for cannabis, Medford can implement a local cannabis tax on cultivation, manufacturing, wholesale, and retail sales, directly boosting township funds. This predictable and scalable revenue stream can fund critical services such as infrastructure improvements, public safety, and education, reducing the burden on local taxpayers. Unlike one-time grants or fluctuating property tax revenue, cannabis offers a sustainable and growing economic base, particularly as demand for cannabis products continues to rise. Additionally, ancillary benefits, such as job creation and partnerships with local businesses, further stimulate the local economy, making cannabis cultivation a cornerstone of Medford’s financial future.