A 23-member task force has issued explicit policy recommendations to Democratic Gov. Michelle Lujan Grisham regarding the legalization and regulation of cannabis.
The report proposes a regulatory framework governing the retail production, sale, and taxation of cannabis. Recommendations by the task-force include: Prohibiting local municipalities from completely restricting cannabis sales; Limiting overall taxes on retail cannabis sales to no more than 20 percent; Automatically expunging criminal records; Allocating tax revenues to various programs and state agencies, including the state’s medical cannabis program; and Allowing those with past convictions to participate in the licensed cannabis industry.
The report’s authors estimate that adult-use legalization will create an estimated 11,000 new jobs and yield some $620 million dollars in sales within five years.
States the report’s Chairman: “Together, we believe the framework we are submitting is right for New Mexico. It is clear that we have both the necessary apprehension that goes with the venture, as well as the talent to make this happen the right way.”
In a comment to MarijuanaMoment.net, Nora Meyers Sackett, Press Secretary for the Governor, added, “The Governor will be reviewing the recommendations, and the next steps will be to incorporate the recommendations of this working group into balanced legislation and working to win the support of legislators and stakeholders ahead of the session.”
State House lawmakers passed adult-use legalization legislation this past spring, but the bill stalled in the Senate. Lawmakers ultimately enacted separate legislation decriminalizing low-level marijuana possession offenses.
