In April 2021, New Mexico Governor Michelle Lujan Grisham signed a bill legalizing recreational cannabis use for adults over 21. The new law, which took effect on June 29, 2021, allows adults to possess up to two ounces of cannabis and grow up to six plants at home (with a maximum of 12 plants per household).
However, it is important to note that the law does not allow for public consumption of cannabis, and it is illegal to drive under the influence of the drug. Employers also maintain the right to prohibit employees from using cannabis on the job.
In addition to legalizing cannabis for recreational use, the new law also allows for the expungement of some past cannabis-related convictions, making it easier for people with criminal records related to cannabis to find employment, housing, and other opportunities.
The new law also establishes a regulatory framework for the production, distribution, and sale of cannabis products. The state will issue licenses for cannabis businesses, including growers, processors, and retailers. Licenses will be issued in a tiered system, with priority given to small and minority-owned businesses.
The law also includes provisions to protect medical cannabis patients, who have had access to medical cannabis in New Mexico since 2007. Medical cannabis patients will continue to have access to their medicine, and the state will continue to regulate the medical cannabis industry separately from the recreational industry.
In terms of taxation, recreational cannabis sales will be taxed at 12% for the first year, with the tax rate increasing by 1% each year until it reaches 18%. Tax revenue from cannabis sales will be used to fund various programs, including community reinvestment, education, and substance abuse treatment.
conclusion of the cannabis law in New Mexico, the new cannabis law in New Mexico represents a significant shift in the state’s approach to cannabis. By legalizing recreational use and establishing a regulatory framework for the industry, the state aims to generate new revenue, create jobs, and reduce the harm caused by the criminalization of cannabis. At the same time, the law includes important safeguards to protect public health and safety, including restrictions on public consumption and driving under the influence.