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The Finances of Legalizing Cannabis

1231 Cannabis Money

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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The Line: ABQ City Councilors Vote To Decriminalize Cannabis

A close up of a marijuana plant.

April 6, 2018 – Marijuana is illegal at the federal level, even though 29 states have legalized marijuana in some form. Medical cannabis is legal in New Mexico, but recreational cannabis is not. This week, Albuquerque city councilors voted to decriminalize pot, lowering penalties for possessing an ounce or less of marijuana to a $25…

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