NJ S4821

Establishes a licensing system for businesses manufacturing, distributing, or selling hemp-derived consumable products, with fees of $500 for manufacturers/distributors/producers/suppliers and $250 per location for retailers/sellers

Imposes a 6% state tax on retail sales of hemp-derived consumable products (1% earmarked for social equity programs), plus allows municipalities to add up to 2% local excise tax

Restricts sales to individuals 21 years of age or older, prohibits retail locations within 1,000 feet of schools or playgrounds, and requires products to contain no more than 0.3% delta-9 THC on a dry weight basis

Sets product limits including 25 milligrams maximum of THC variants per serving for non-liquid ingestibles, 10 milligrams for liquid ingestibles, and 3 milliliters for inhalable products, while banning shapes resembling animals or cartoon characters

Repeals the 2024 intoxicating hemp product law (P.L.2024, c.73) and transfers regulatory authority from the Cannabis Regulatory Commission to the Department of Agriculture, with alcoholic beverage license holders permitted to sell hemp-derived beverages through the Division of Alcoholic Beverage Control