Chapter 26, Article 2C NMSA 1978 may be cited as the 'Cannabis Regulation Act'.History: Laws 2021 (1st S.S.), ch. 4, § 1; 2024, ch. 38, § 1. ANNOTATIONSThe 2024 amendment, effective July 1, 2024, changed 'Sections 1 through 42 of this act' to 'Chapter 26, Article 2C NMSA 1978'.Temporary provisions. — Laws 2021 (1st S.S.), ch. 4, § 71 provided:A. The legislative finance committee shall study the fiscal and economic impacts of the Cannabis Regulation Act for fiscal years 2023 through 2027 and provide a report to the revenue stabilization and tax policy committee on or before December 1, 2027.B. The report shall include:(1) the impacts on budgets and staffing of the regulation and licensing department and the department of health; (2) the impacts on general fund revenue and expenses;(3) the impacts on potential funds created by the Cannabis Regulation Act;(4) the impacts on the medical cannabis program;(5) the impacts on local and state law enforcement; and(6) the economic impact on the state, including:(a) job creation;(b) tourism; and(c) other economic impacts.
New Mexico Legal Code