Speaking Engagement

The Social Equity Excise Fee and its Impact on the Cannabis Industry

November 18, 2024

Foley Hoag Cannabis Practice Co-Chair Mike McQueeny will moderate a panel discussion with operators and stakeholders in New Jersey's cannabis industry. The topic of conversation will focus on the Social Equity Excise Fee (SEEF), the potential for an increase in 2025 and the corresponding impact on businesses. The discussion will also touch on the recently passed law, S3235, which regulates hemp-derived intoxicating cannabinoid products and allows for municipal enforcement throughout New Jersey.

The panel will be co-moderated by Suzan Nickelson, Founder/CEO of Holistic Solutions and Founder/Chair of the NJ Cannabis Equity Association (NJCEA). Panelists include:
  • Tahir Johnson, Founder and CEO, Simply Pure Trenton, and President, Minority Cannabis Business Association
  • Ed Wilson, Owner, Bakin Bad Dispensary
  • Bill Caruso, Partner and Cannabis Group Chair, Archer & Greiner P.C., and General Counsel, NJ Cannabusiness Association
  • Todd Johnson, Executive Director, NJ Cannabis Trade Association