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Legislature: It's No Joke – Cannabis Legalization In New Mexico Is One Signature Away – Los Alamos Reporter


Katy Duhigg (D-Albuquerque), and 
Senate Majority Whip Linda Lopez (D-Albuquerque). The bill establishes a 12% excise tax on all cannabis sales and sets guidelines for licensure that prioritize diversity and equal opportunity.   
Adult-use cannabis in New Mexico is projected to bring in $318 million in sales and $28.6 million in tax revenue in the first year alone, along with creating more than 11,000 new jobs.  
The Senate amendment establishes a restriction that legislators cannot secure a commercial license for three years after the bill is enacted.  
“This is a momentous victory for the state that will benefit New Mexicans for generations to come,” said  ....

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Cannabis Legalization Passes New Mexico House in Special Session


Credit DEA
  Santa Fe, N.M. – The legalization and regulation of adult-use cannabis in New Mexico passed the House of Representatives today with a 38-32 vote. The measure will now head to the Senate for consideration, and if passed there, advance to Governor Lujan Grisham, who has expressed her support for legalization. Here is a statement from the NM House Democrats:
Sponsored by Reps. Javier Martínez (D-Albuquerque), Andrea Romero (D-Santa Fe), Deborah Armstrong (D-Albuquerque), Senator Katy Duhigg (D-Albuquerque), and Senate Majority Whip Linda Lopez (D-Albuquerque), House Bill 2: the Cannabis Regulation Act legalizes and regulates the use, production, and sale of cannabis and cannabis products for adults 21 years and older. The bill implements a responsible, tightly regulated system, establishing guidelines for licensure that prioritize diversity and equal opportunity.  ....

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