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This arrangement has its genesis in the desire to guarantee that those approved the benefit of an important cannabis franchise not take advantage of New Jersey's Farmland Tax Assessment program, by which homeowner who operate farms receive generous allowances from New Jersey's normally sky high regional home taxes. The Farmland Credit is meant to encourage the preservation of farms and open area, specifically in the face of rural advancement.

The intent appears to be to prevent rewards, which are meant to spur economic development that wouldn't otherwise take place "however for" the state or regional incentive, from being directed toward cannabis licensees, who probably are extremely incented to develop without the need for public largesse. While Also Found Here is possible enough on its face, we question whether cannabis business should be dealt with in a different way from any other company operating in a high cost state like New Jersey.

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However the most significant issue for cannabis business searching for home emerges from Section 37's heavy-handed consequences for residential or commercial property owners who lease to cannabis companies: "a property owner, developer, or operator of a project to be used, in whole or in part, by or to benefit" a cannabis license "shall not be qualified for a State or local economic reward throughout the amount of time that the economic reward is in effect." the issuance of a marijuana license "at a place that is the topic of a State or local financial incentive shall invalidate the right of a home owner, developer, or operator to gain from the economic reward since the date of issuance of the license." If siting a marijuana organization will invalidate any financial incentive on which a designer relied, home hounds will find those residential or commercial properties to be off the table.

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The arrangement successfully prohibits landlords who have gotten any type of state or regional incentive from renting any portion of their residential or commercial property to cannabis organizations, at the danger of losing the entire reward on which their job was financed. This will restrict the variety of readily available homes for growing and offering marijuana.