Posts Tagged ‘cannabis’
The Line: Cannabis Legislation And Lawsuits
February 1, 2019 – The state’s largest provider of medicinal marijuana plants announced a lawsuit this week against the New Mexico Tax and Revenue Department. At issue is one and a half million dollars Ultra Health has paid in gross receipts taxes in recent years on their plants. The company argues they should be exempt…
Read MoreThe Finances of Legalizing Cannabis
February 1, 2019 – If New Mexico legalizes, regulates—and taxes—recreational cannabis, will it bring in enough revenue to solve our recurring budget problems? Will the taxes be low enough to stamp out the black market for pot? As a legalization bill moves through the New Mexico Legislature, Gwyneth Doland sits down with a panel of…
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