These states could legalize cannabis next in 2022

At the start of 2021, 13 state legislatures had recreational legalization measures on the table. New York, New Jersey, Virginia, Connecticut, and New Mexico actually followed through and legalized cannabis for all adults. It’s now legal to possess in all three states. Retail markets are expected to open next year in all those states except […]

New Mexico explores public financing for cannabis businesses

SANTA FE, N.M. (AP) — Small-scale marijuana businesses in New Mexico would receive access to publicly financed loans of up to $250,000 in an effort to promote social and economic fairness, under a proposal unveiled Thursday. The New Mexico Finance Authority suggested a $5 million line of credit to licensed cannabis microbusinesses, seeking preliminary approval […]