New Mexico legalizes recreational marijuana with the new law going into effect

New Mexico has become an officially legal marijuana state, and it’s crying out for a party in the pot !!

Official: Marijuana is now legal in New Mexico.

New Mexico recently passed a law legalizing marijuana. With this new legal text, which will come into force in June 2021, there is an upper limit for personal cannabis possession for people over the age of 21.

Those who own marijuana in the state can only hold up to 56 grams and 16 grams of cannabis concentrates. Individuals can now grow up to 6 plants for personal cannabis use, but it will be some time before retail sales begin as is the case with a new law.

Several states in America are taking marijuana legalization seriously, as is New Mexico. Some states announced their legalization laws the same week as Mexico, including Connecticut and Virginia. Both states reported that they are stopping the cannabis ban, which is fantastic news for the marijuana industry.

Regulators in New Mexico are now being asked to organize an advisory committee that will accept cannabis licenses before September 1st. The regulatory authorities report to the Ministry of Foreign Affairs for Regulation and Licensing.

What’s Next for the New Mexico Marijuana Industry?

The new law to legalize cannabis is the first step in the right direction, but there are many more steps to be taken after that first step. The bill talks about these subsequent steps the state will take once cannabis is legalized.

These steps go hand in hand with ensuring that the New Mexico marijuana market adheres to safe ways to source and use marijuana. Any newly legalized state remains prone to relapse as more and more people rely on black market cannabis.

However, with rules and measures like those listed above, it will be easier for such states to strengthen their legalized market and gradually cut off the illegal market.

For decades, people have been arrested and jailed for owning or growing cannabis. Those were dark years, but now the New Mexicans can let go of their fears.

The senior director for Resident States and New Mexico for the Drug Policy Alliance, Emily Kaltenbach, insists that the “battle is not over”. Claiming that there is still much work to be done to repair the damage caused by Prohibition, New Mexico is committed to promoting justice and diversity in its new legal industry in the future.

She also reiterated that the newly admitted industry from 2022 should be involved in budget meetings to ensure the sector receives the funds it needs to reinvest in previously damaged communities.

The thriving New Mexico legalized cannabis market

There is a limit to the business licenses that can be issued and the facilities that a license holder can open under the new program. Regulators have also stopped issuing new licenses until an advisory board can determine that “the market balance is poor”.

Everyone who buys marijuana receives an additional 12% excise tax on top of the regular 8% sales tax. But from 2025 the excise tax rate will increase by 1% annually to 18% in 2030.

In addition, all medical marijuana products will be available to caregivers and patients, but will be excluded from tax systems. Medical patients can have access to medicines after the adult market opens. The cannabis law will also allow the state to require licensed marijuana producers to save up to 10% on their products for patients.

This preservation is intended to ensure that patients have easy access to cannabis products, especially in times of scarcity. The state of New Mexico is making the health of its citizens a priority and ensuring that the new cannabis industry is built to benefit the medical sector.

In addition, local authorities are not allowed to ban marijuana, as is the case in other states. But the counties can do this to maximize their local zoning rights. Such districts can reduce the number of retailers who license them or the proximity of their pharmacies and farms to critical neighborhoods.

Critical neighborhoods refer to daycare, schools, or other areas that locals consider to be too sensitive or close to the cannabis dispensary. A previous poll showed that New Mexico voters were ready to vote (if necessary) to legalize marijuana. The survey was conducted back in October and many residents said “YES” to legalization.

Your wishes have come true with these new laws. Although half of the population is in favor of decriminalizing drug possession, the larger percentage supports legalization.

In states where cannabis is illegal, more people oppose legalization than those who advocate it. But regardless of her initial hesitation, marijuana will eventually be legalized as more states take bold steps like New Mexico.

Bottom line

New Mexico has joined the League of States that are passionate about securing the future of marijuana for its citizens. Medical marijuana, in particular, is vital at this point as it has a role in providing relief to people who may be struggling with one disease or another.

New Mexico has also passed a correspondents law that provides for the overturning of all previous marijuana convictions. The courts were tasked with reopening cases within the first four weeks after the new legislation came into force.

Additionally, legalizing cannabis everywhere means that the illegal marijuana market will shrink and people will have access to safer products. With all of these in place, the conditions are in place for the people of New Mexico to enjoy the values ​​of a legal cannabis society.