Establishes program to subsidize purchase price of medical cannabis for registered qualifying patients enrolled in Medicaid or NJ FamilyCare programs.

This bill would establish a program to subsidize up to 20% of the purchase price of medical cannabis for patients enrolled in New Jersey's Medicaid or NJ FamilyCare programs. The subsidy would be applied at the point of sale after other discounts, reducing costs for eligible patients. Medical cannabis dispensaries would need to verify patient enrollment in Medicaid or NJ FamilyCare at the patient's request, and would be reimbursed for the subsidies they provide through the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Fund. This program would directly affect registered qualifying medical cannabis patients enrolled in Medicaid or NJ FamilyCare.