February 11
As New Mexico's virtual Roundhouse approaches the midpoint for the 60-day session, discourse over legalizing cannabis legislation has yet to catch fire. A Saturday hearing in the House Health and Human Services Committee could spark the debate.
A handful of bills floating around the Capitol would make New Mexico the 16th state to fully legalize cannabis for adult use.
Though the proposals have some common features—all axe gross receipts taxes for patients in the medical program, for one—conflicts remain regarding:
how taxes will be levied and where revenue will be directed;
whether production will be regulated via a plant cap for producers;