Billions of dollars in business opportunities are riding on whether New Jersey residents legalize a recreational cannabis market in November.

A recreational marijuana industry in New Jersey itself – with a population of nearly 9 million people – would reach $850 million-$950 million in sales a year by 2024, according to a Marijuana Business Daily projection.

But that’s not all: Approval is expected to cause a domino effect along the Eastern Seaboard and inland, creating an adult-use marijuana region that is among the biggest in the world.

“It’s going to motivate the surrounding states for sure,” agreed Bridget Hill-Zayat, a cannabis attorney with Hoban Law Group who is licensed to practice in Maryland, New Jersey and Pennsylvania.

Read the full article on Marijuana Business Daily