By: Nabil Rodriguez*, J.D.
New Mexico House Bill 356 that included recreational marijuana measures was passed by a narrow margin of 36-34 through the state House of Representatives on March 7, 2019, but not after being significantly amended from its original form. The original Bill would have established a retail cannabis system of licensing for private businesses and allowed for individual home-growth licenses, but the recent action on the House floor altered both provisions.
Under the initial draft of the Bill, licensed home growers would have been allowed to cultivate up to six mature and six immature plants. However, this provision was eliminated in the most recent version published from the House floor vote.
The provision for state-controlled marijuana retail operations was also added on the House floor. This provision was picked up from Senate-introduced legislation Senate Bill 577, and would primarily put recreational cannabis sales in state-run stores because under the current proposal now advancing to the State Senate, private cannabis retailers could only be licensed in areas where there are no government-run operations within 25 miles.
Next, the bill heads to the Senate Finance Committee and, if approved, to the chamber’s floor for Senate approval. Once approved by the Senate, the Bill would move forward to the Governor’s desk for signing.
New Mexico State Governor Michelle Lujan Grisham stated support for legalizing marijuana during her gubernatorial campaign last year and is expected to sign the bill into law if it reaches her desk.
Now’s the time to start thinking about your business structuring if you intend to apply for a business license. Greenspoon Marder has a satellite location in Albuquerque, New Mexico and would be happy to speak with you. Please reach out to
Rachel Gillette with questions.
* Nabil Rodriguez is not an attorney.
About Greenspoon Marder
Greenspoon Marder is a national full-service business law firm with over 200 attorneys and offices across the United States. We are ranked among
American Lawyer’s Am Law 200, as one of the top law firms in the U.S. since 2015. Our firm was founded with the goal of providing the highest quality legal services at the highest value for our clients. Each of our clients is unique and so are their legal needs. We believe no one size fits all for professional services. Our lawyers offer flexible and creative solutions to meet our clients’ respective needs. Our mission is to understand the challenges our clients face, build collaborative relationships and craft solutions with a focus on strategic goals.
Natalie Villanueva, Director of Marketing
954.333.4308 | firstname.lastname@example.org
This Greenspoon Marder LLP Client Alert is issued for informational purposes only and is not intended to be construed or used as general legal advice nor a solicitation of any type. Please contact the author(s) or your Greenspoon Marder LLP contact if you have any questions regarding the currency of this information. The hiring of a lawyer is an important decision. Before you decide, ask for written information about the lawyer’s legal qualifications and experience.