Pursuant to § 40 of the New Jersey Cannabis Regulatory, Enforcement and Marketplace Modernization Act (CREAMMA), the following municipal tax shall be collected from the following cannabis license holders:
(A) A 2% municipal transfer tax shall be imposed on the lawful sale of cannabis produced by any Class I, II and V license holder.
(B) A 1% municipal transfer tax shall be imposed on the lawful sale of cannabis produced by any Class III license holder.
(C) Payment of the municipal tax shall be paid directly to Voorhees Township quarterly on the following dates of the calendar year: February 1, May 1, August 1, November 1.
(Ord. 387-21, passed 8-9-21; Am. Ord. 437-23, passed 6-26-23)