We have nine days left in the session, and in the Legislature, the last nine days provide ample time to consider bills until the end of the session. But I think everyone following this thread is cautiously optimistic that something will happen. – Egolf at KRQE

New Mexico’s cannabis legalization bill is currently pending before the Senate Judiciary Committee, where it was approved last year. In late February, the House of Representatives approved the reforms by a vote of 39-31.

Governor Michelle Lujan Grisham expressed support for legalization in her State of the State address in January, saying the industry could help the state’s economy recover from the coronavirus pandemic. She later tweeted that the reforms would create tens of thousands of jobs and hundreds of millions in new revenue for the state.

Senate Democratic majority leader Peter Wirth said in an interview with the Growing Forward podcast in January that he was more confident about legalization this year.

In last year’s election, Democrats, including the Senate leader and Finance Committee chairman, were defeated in the primaries by progressive challengers, raising the possibility of legislative support for legalization.

If approved, it would allow adults 21 years of age to purchase and possess cannabis products, and residents to grow up to six cannabis plants at home. Under the proposal, some medical cannabis providers would open on Jan. 1. January 2022 adult sales may begin.

You May Also Like

Elon Musk Thinks CBD Is ‘Fake,’ But Joe Rogan Teaches Him A Lesson

Elon Musk may know a bit more about rockets and electronic machines, but in an interview with podcaster Joe Rogan this week, he revealed a blind spot regarding cannabis, saying he thinks CBD is “fake.” This does not mean that…

Reddit’s WallStreetBets Drives Market Volatility for Cannabis Stocks

Influenced by traders on /r/WallStreetBets, the Reddit-based forum that stirred the stock market last month with the launch of GameStop shares, shares of cannabis companies have seen volatile highs and lows this week, reports Business Insider. On Thursday, Tilray shares…

Connecticut Governor Unveils Adult-Use Legalization Proposal in Budget Request

After Steven Meland and Jeremy Breton, co-owners of Hotbox Farms, opened the doors to their 2019 clinic in Ontario, Oregon, lines formed, as they did at other clinics in the city. It was 5 a.m. when he heard someone knocking…

Virginia Advances Dueling Cannabis Legalization Bills

The Virginia House and Senate have passed comprehensive cannabis legalization bills. These bills are on their way to a conference committee to agree on the final wording – which must be approved again by both houses – before being sent…