$1M Decision? Paramus Council Now Considering Marijuana Dispensaries – TAPinto.net
PARAMUS, NJ — In a 180-degree turn from its previous stance, the Borough Council is now considering the sale of recreational marijuana. They currently allow the sale of medicinal marijuana.
“This could be a huge windfall for us,” Mayor Richard LaBarbiera said at the March 23 combination in-person and virtual council meeting.
LaBarbiera said he considers Paramus the retail capital of New Jersey, and that alone will attract people to buy marijuana locally. He argued surrounding communities, like Rochelle Park and Fair Lawn, will be the beneficiaries of revenues where Paramus could have capitalized.
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The mayor said it could equate to as much as $1 million annually, between the sale of medicinal and recreational sales, which he said could turn into the recreation facility the borough has on its wish list.
Use, possession and sale of marijuana is now legal statewide after legislators made it so on Feb. 22 following the November public referendum vote to legalize it. The public declaring they want it to be legal does not automatically make it so, which is why