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

This bill would create 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 Cannabis Regulatory Commission would establish a verification system to confirm patient enrollment in these programs, and dispensaries would apply the subsidy at the point of sale after other discounts. Medical cannabis dispensaries would be reimbursed for the subsidies through the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Fund. The program aims to make medical cannabis more affordable for low-income patients who qualify for state health assistance programs.