Progressives across the country are leading efforts to end Marijuana prohibition. Is New Mexico ready?
- According to a report in the ABQ Business First, a legalized and regulated Marijuana industry would create 11,400 jobs in New Mexico (!)
- Colorado reports that new Marijuana taxes bring in twice as much funds as alcohol taxes in the state. In New Mexico, that could mean more than $40 million in new revenue for the state.
- New Mexico would save more than $33 million in costs associated with police, courts and corrections according to a presentation given to the Legislature.
- In previous years, Senator Jerry Ortiz y Pino (D-ABQ) has sponsored a Constitutional amendment for legalization, regulation and taxation.
Now we're sending a message to gauge your support.
As legislators struggle to fill a $500 million state budget deficit resulting from an overreliance on oil and gas revenues, new efforts to diversify our economy are gaining steam: including Marijuana legalization.