On April 1, recreational marijuana sales start in New Mexico after scandal-ridden alleged serial groper Gov. Michelle Lujan Grisham rammed through a bill legalizing the illicit substance in 2021 following a failed attempt to pass it in a regular session.
“[A]ll adults 21 and up will be allowed to buy up to 2 ounces (57 grams) of marijuana at retail outlets throughout the state. It’s enough pot to stuff a sandwich bag or roll about 60 joints or cigarettes,” reports U.S. News.
But despite budget concerns about the cost of implementing the new law, as well as troubles it will bring with more crime on already crime-ridden New Mexico streets, the Democrat governor is touting the measure.
Lujan Grisham claimed on Saturday, “We legalized cannabis and with it, we’re going to bring in $31 million in revenue in its first year alone. This means new opportunity for New Mexico!”
Even if the figure Lujan Grisham cites is true, the mere $31 million in tax revenue would generate would be a drop in the bucket as the far-left budget bassed by the Legislature this legislative session was the largest in the history of the state at $8.5 billion.
That means it would be a mere 0.36% of the needed revenue to make up for the Democrats’ anti-energy policies implemented under the Lujan Grisham administration.
Didnt she previously state cannabis sales would bring in over 50 million.in revenue?
Didnt the NM US supreme court say Weed was not going to be taxed? It cannot be taxed?