Legislation to Legalize Cannabis Filed in New Mexico
Under the proposed law (House Bill 75), which is modeled after Colorado’s Amendment 64, those 21 and older would be allowed to possess up to an ounce of cannabis, and cultivate a small amount for personal use. Cannabis retail outlets and cultivation centers would also be legalized.
“When you look at Colorado on our other border, they’ve brought in around $100 million in increased tax revenue, so this is a really good way of hurting drug cartels and helping our business community and our schools at the same time,” says Representative McCamley. “A lot of people say let’s wait and see what Colorado does. Well how long are we going to wait to see the kind of success that they’ve had? It’s already there!”
The bill is being referred to as the Cannabis Revenue and Freedom Act.