Then, the session will end, and cannabis legalization needs to be decided and worked out before then. New Mexico has not moved any closer to fully legalizing recreational cannabis, as a Senate panel has decided to pull discussions at the last minute. Those deciding on legal cannabis are also looking at how the medical industry already does things, as well as how to balance economic opportunity with best practices for equity. The free market would thus be able to thrive, the idea being that healthy competition would win out and cannabis would be affordable and accessible.Governor Grisham has also stepped in to help move legal cannabis along, offering to facilitate a deal between medical cannabis producers who want first dibs at the legal market, and those concerned about too much supply if cannabis becomes legal. Until the Senate finally reaches a decision, a recreational industry in New Mexico won’t be fully established.
New Mexico has not moved any closer to fully legalizing recreational cannabis, as a Senate panel has decided to pull discussions at the last minute.
Initially, a hearing was scheduled for this past Sunday, but the topic has now been pulled and won’t be discussed at this time. This is probably due to the fact that the Senate is finding it hard to agree on issues like taxation, pardoning and...
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