New Mexico Set to Legalize Adult-Use Cannabis – THCnet

Hours after New York Gov. Andrew Cuomo signed an adult-use cannabis bill into law, lawmakers about 2,000 miles to the west also passed a bill (HB 2) that will legalize, regulate and tax marijuana for adults 21 and over in New Mexico.

A separate bill (SB 2) which expunges the arrest and conviction records for certain cannabis offenses, also passed the New Mexico House and Senate on Wednesday.

Both bills are headed to Gov. Michelle Lujan Grisham’s desk for signatures.

Lujan Grisham — who called for a special legislative session so lawmakers could iron out the details of the two bills — has pledged to sign them into law.

When she does, New Mexco will become the 17th U.S. state to legalize adult-use cannabis (pending the outcome of a challenge to a referendum in South Dakota).

“New Mexico will be the next state to legalize cannabis, establishing a new industry that will create immense economic opportunity in communities both rural and urban while addressing and rectifying the harmful impacts of criminalization,” Lujan Grisham tweeted on Thursday.

Under the amended HB 2, known as the Cannabis Regulation Act, adults will be permitted to possess up to two ounces of cannabis, up to 16 grams of cannabis concentrate, and up to 800 milligrams of cannabis edibles.

New Mexico residents will also be allowed to cultivate up to six mature plants and six immature plants per household.

Meanwhile, a “Cannabis Control Division” tasked with licensing and regulating cannabis businesses will be established, and 10 types of business permits will be available: couriers, producers, manufacturers, retailers, microbusinesses, cannabis consumption areas, vertically integrated establishments, and integrated microbusinesses.

Legal sales are slated to being by April 1, 2022, and there is currently no cap on the number of licenses businesses can obtain. On-site consumption will

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