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February 8, 2021 Since the early part of the 20th century, the number of liquor licences in New Mexico have largely been finite. As a result, those licenses are now worth roughly half a million dollars. In recent years, state lawmakers have tried various ways to reconfigure the state’s liquor laws that would both make it less costly for potential new liquor license holders while also not devaluing current licenses. This year, there are a handful of bills aimed at creating a new type of liquor license for restaurants to add spirits to their menus, instead of adding more liquor licenses to the mix. The general idea is that restaurants would be able to obtain a license to sell mixed drinks as long as a certain percentage of sales is for food, much like a beer and wine license. But even the idea of increasing the number of restaurants that can serve alcohol beyond beer and wine has some current liquor license holders concerned. Many of those license holders have spoken aga ....