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New Jersey's Medical Marijuana Industry Is Booming Even If Recreational Is in Limbo

New Jersey Governor Phil Murphy said he'd legalize recreational marijuana within his first 100 days in office. But legislative roadblocks have prevented him from passing it, so he's moved to the next best thing: expanding medical marijuana.

Under Murphy, the state of New Jersey has greatly expanded it's medical cannabis program and many believe the state is due for a major boom, even if recreational legalization doesn't occur. Chris Christie, the previous governor, refused to expand the limited number of conditions allowed by the state's medial marijuana program, and New Jersey boasted only 20,000 patients. 

Murphy's made a number of changes to the program. First, he expanded the list of qualifying conditions to include chronic pain, anxiety and migraines. He also cut down the amount of money needed to enroll in the program, allowed patients to use edibles and eliminated a rule stating physicians needed to sign a state registry to prescribe cannabis.

Based on these changes, New Jersey is expected to have over 40,000 medical marijuana patients by year end, more than double their previous number.

But don't think Murphy's satisfied yet. He remains committed to legalizing recreational marijuana by the end of 2018. Experts predict that New Jersey's cannabis market could be worth $1 billion. 

Isn't it nice when politicians actually support marijuana?

(h/t Entrepreneur)

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