The 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 experts to examine the potential economic impacts of legal cannabis.
Guests:
Richard Anklam, executive director, New Mexico Tax Research Institute
Lee Munson, CIO, Portfolio Wealth Advisors
Rachael Speegle, CEO, Verdes Foundation
For Further Reading:
- Recreational Marijuana: A Business Boon for States? US News and World Report
- The Economic Benefits of Legalizing Weed Investopedia
- The Economic Effects of the Marijuana Industry in Colorado Federal Reserve Bank of Kansas City
- Legal Pot or Not? (a five-part series) Mike Gallagher, the Albuquerque Journal
- Verdes Foundation’s Rachael Speegle on building a cannabis company — and a legacy Candace Beeke, Albuquerque Business First
- Drug Policy Alliance New Mexico