Exempts from sales and use tax sales of medical marijuana.

This bill exempts medical marijuana sales from New Jersey's state sales and use tax. It directly affects patients prescribed medical marijuana under the Compassionate Use Medical Marijuana Act for qualifying conditions like cancer, multiple sclerosis, or seizure disorders, who currently pay the tax on their medication. The bill amends the tax code to explicitly add medical marijuana as an exempt item - alongside prescription drugs and medical devices - by listing it as item (11) in the tax exemption rules. The exemption takes effect 90 days after enactment, applying to sales made on or after the first day of the first month of the following calendar quarter.