NJ A898

Requires the Cannabis Regulatory Commission to establish a program subsidizing up to 20% of the purchase price of medical cannabis and medical cannabis products for registered qualifying patients enrolled in Medicaid or NJ FamilyCare

Subsidies are applied at the point of sale after any other discounts or price reductions, reducing the price listed on the dispensary's website

Medical cannabis dispensaries must verify patient enrollment in Medicaid or NJ FamilyCare before applying the subsidy, but only at the patient's or caregiver's request

Dispensaries must notify patients of the subsidy program through posted signage, with optional verbal or written materials

Reimbursements to dispensaries for subsidies provided will come from the "Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Fund" or other available funds, with the bill taking effect 90 days after enactment