Efforts to legalize marijuana in New Mexico took center stage Saturday as a state Senate panel considered creating a taxed and regulated market for recreational sales amid significant support among lawmakers. The Senate consideration came after a legalization measure passed the state House on Friday night with a 39-31 vote. The situation marks a tantalizing […]
New Mexico Marijuana
First cannabis legalization bills filed at Roundhouse in New Mexico
Two bills seeking to add New Mexico to the ranks of Western states that have legalized recreational cannabis for adult users were introduced in the state Senate on Monday, and additional proposals could be filed in the coming days. The two proposals filed Monday offer different road maps for marijuana legalization, which backers say is […]
New Mexico: How much green would recreational cannabis bring?
During a legislative session where funds are expected to be at a premium, state lawmakers may look seriously at raising revenue through a controversial source: recreational cannabis. However, lawmakers and industry advocates disagree on just how much the industry might bring to New Mexico. Some see a potential windfall for a state looking to diversify […]
New Mexico medical marijuana industry booming during pandemic
The medical cannabis industry is booming in New Mexico. The industry says the effects of COVID have dramatically increased demand and they’re trying to keep up. “What we learned was it wasn’t just a New Mexico thing, in fact, the number of transactions have doubled in New Mexico, prices have gone up and the supply is pretty […]
Crossing the Cannabis Line in New Mexico
Lawmakers cruise toward ditching out-of-state patients, namely Texans People who are not residents of New Mexico and who don’t have medical cannabis cards in other states would no longer be allowed to buy the medicine here under a proposed law change heading to the governor’s desk and likely to be signed. The House voted Monday […]
New Mexico cannabis legalization faces an uphill climb
A co-sponsor of a bill that would legalize the use of recreational cannabis said he thinks it only has a “one in three” chance of becoming law this year. Sen. Jerry Ortiz y Pino, D-Albuquerque, said Senate Bill 115 is undergoing a revision to better address some concerns raised before it’s heard by the Senate Judiciary Committee […]
Appellate ruling allows tax deduction for medical pot in New Mexico
 A state Court of Appeals ruling that New Mexico medical marijuana producers can claim a tax deduction for prescription medication could affect prices for 80,000 or so enrolled patients statewide – and the state budget. The ruling, which overturned a hearing officer’s decision, could carry a multimillion-dollar price tag for the state Taxation and Revenue […]
New Mexico Recreational Pot Legalization Passes 1st Test
A Democrat-backed bill to legalize recreational marijuana businesses in all towns and counties across New Mexico passed its first test late Tuesday amid heighten interested from businesses and health care advocates. The Senate Public Affairs Committee voted 4-3 along party lines to move along the measure that would subsidize medical marijuana and automatically expunge many past pot […]
New Mexico Gov. begins push for legal marijuana
Gov. Michelle Lujan Grisham began her push to try to win over skeptics on the issue of legalizing recreational marijuana use on Thursday, telling Albuquerque business leaders the policy shift would immediately create 11,000 jobs and generate tax dollars that could be used on public safety programs. With a 30-day legislative session scheduled to start […]
New Mexico judge says DOH will have to issue medical cannabis cards to out-of-state residents
A state district court judge on Monday ordered the state’s Medical Cannabis Program to start issuing medical cannabis cards to individuals who qualify, regardless of where they live. The question of whether non-residents of New Mexico could become medical cannabis patients started when major changes to the state’s medical cannabis law went into effect. One […]