NJ Cannabis Media -
December 10, 2018

N.J. businesses have dim outlook on adult-use legalization

Written by Marc Schwarz
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Only a third of businesses thought legalization of recreational marijuana would be good for New Jersey’s economy, according to the New Jersey Business & Industry Association’s 60th Annual Business Outlook Survey.

If the bill is passed, 42 percent of survey respondents felt it would have a negative impact; 25 percent were not sure.

A total of 77 percent of respondents said they had business-related concerns about the legalization of recreational marijuana. Safety in the workplace was listed as a concern by 56 percent of those respondents, followed by productivity of workforce (48 percent), chronic absenteeism (26 percent) and proximity to dispensaries (10 percent).

“Knowing our members’ concerns about workplace safety, first and foremost, NJBIA requested that legislation expanding the state’s medicinal cannabis program and legalizing recreational adult-use cannabis contain language protecting an employer’s right to maintain a drug-free workplace,”  NJBIA President and CEO Michele Siekerka said in a statement. “We’re grateful the bills that were approved in the Budget Committees last week provided those protections as a step to ameliorate some of those concerns.”

NJBIA’s Business Outlook Survey questionnaire was sent to 16,024 individual contacts with deliverable e-mail addresses in NJBIA member companies in September 2018. The report is based on 898 valid responses, a response rate of 5.6 percent.

Most respondents were small businesses, with 62 percent reporting fewer than 25 employees and 12 percent with 25 to 49 employees. The margin of error is plus or minus 3.18 percent at a 95 percent level of significance.

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