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New Mexico lawmakers working on details of Senate Bill 100

cannamed by cannamed
January 25, 2022
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New Mexico lawmakers working on details of Senate Bill 100
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SANTA FE, N.M. (KRQE) – The countdown is on to leisure pot gross sales. Whereas time is ticking to get a plan in place, some wish to make it simpler so that you can get into the enterprise of rising and promoting pot. From growing the variety of vegetation you’ll be able to develop to dropping the fee to get licensed, lawmakers are able to get extra pot-growing forward of gross sales.


Recreational cannabis industry may be off to bumpy start

“We’re going to proceed to be taught from this business as we open it up,” mentioned Rep. Andrea Romero, who serves Santa Fe County. “This offers us an opportunity, fortunately, on this 30-day session.”

An enormous a part of Senate Bill 100 is boosting the variety of vegetation producers can have. For micro-producers, the plan is to go from 200 to 1,000.

“A part of the fairness piece is permitting micro-producers to have a license. It makes it actually profitable for them,” mentioned Romero. “That basically units them on a footing for potential development and actually a aggressive market that we’d like them to enter into.”

Earlier Monday, the state’s Regulation and Licensing Division, which oversees the Hashish Management Division, says they made their very own adjustments to licenses. Along with boosting some plant counts, they’re additionally reducing the fee per plant in half, from $10 to $5.

“The hashish producers weren’t elevating their plant rely,” a consultant mentioned throughout the assembly. “What we realized is the explanation that they weren’t is for the fee related to that.”

The brand new laws additionally permits enterprise house owners who have already got an alcohol license to even be cleared to promote cannabis. Nonetheless, it nonetheless can’t be below the identical roof.

“When you’re an entrepreneur who owns many eating places or many companies in a single location, it shouldn’t prohibit you from having the ability to license each in hashish and in alcohol if it’s all below your personal identify,” mentioned Romero. “The entire level of our authentic laws was to make sure that it wasn’t commingled. You wouldn’t be capable to buy each issues on the identical place.”

Romero says different areas like safety necessities have already been labored out with those that have already obtained their licenses. Nonetheless, she hopes these last additions are the final step wanted for the state’s latest business.

“Hopefully this continues to strengthen the power for entrepreneurs to get into the enterprise,” mentioned Romero. “And really feel superb about how these licenses are being issued.”

Despite the fact that the decreased charges would imply much less cash coming in from pot, lawmakers hope the affordability will as an alternative encourage extra business development, bringing large cash in down the road. Whereas the state has to start hashish gross sales by April 1 on the newest, regulators haven’t dominated out launching gross sales earlier if issues fall into place earlier than then.



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