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

This bill, S 1792, creates a funding mechanism to subsidize medical cannabis costs for Medicaid and NJ FamilyCare enrollees. It amends the Cannabis Regulatory Fund to allocate monies specifically for reimbursing dispensaries and clinical registrants who provide discounted or subsidized cannabis to qualifying patients. The key provision requires the Cannabis Regulatory Commission to reimburse these providers for the cost difference between the standard price and the subsidized price paid by enrolled patients. The bill is pending before the Legislature and has not yet been enacted.