New Mexico is now the 17th state in the nation, and is only the fifth state to enact it through its state Legislature.
“The legalization of adult-use cannabis paves the way for the creation of a new economic driver in our state with the promise of creating thousands of good paying jobs for years to come,” said Gov.
The issuance of licenses to conduct commercial cannabis activity will begin no later than Jan.
The sales of adult-use recreational cannabis could amount to $318 million in the first year, creating over several years what could be more than 11,000 new jobs, according Dr.
“As we look to rebound from the economic downturn caused by the pandemic, entrepreneurs will benefit from this great opportunity to create lucrative new enterprises, the state and local governments will benefit from the added revenue and, importantly, workers will benefit from the chance to land new types of jobs and build careers,” said Gov.
“Today, New Mexico seized a once-in-a-lifetime opportunity to establish a multi-million industry with a framework that’s right for our state and will benefit New Mexicans for generations to come,” said Rep.
Surrounded by legislative sponsors and advocates outside the state Capitol, Gov.
She has moved within the company and has managed at WXIX in Cincinnati and WAFB in Baton Rouge.