New Mexico

2 New Mexico tribes closer to recreational cannabis sales

Published

on


SANTA FE, N.M. (AP) — Two New Mexico tribes have signed an settlement with state officers recognizing the tribe’s authority to gather taxes on gross sales of hashish merchandise.

The transfer introduced by state officers Thursday after it was signed final week additional formalizes potential involvement within the hashish trade by the Pojoaque and Picuris pueblos, each in northern New Mexico.

Leisure marijuana gross sales started throughout the state on April 1, grossing round $2 million on the primary day.

The settlement signifies that hashish merchandise can now be offered within the pueblos and taxed by the tribes very similar to cigarettes and gasoline are offered and taxed now, in response to state Taxation and Income Division spokesman Charlie Moore.

Advertisement


The state’s 12% tax on the product gained’t be levied on merchandise offered by the tribes.

Advertisement

“New Mexico has a robust historical past of collaborating with tribes to effectively administer taxes whereas recognizing tribal sovereignty and the constraints of state authority on tribal lands,” stated Taxation and Income Secretary Stephanie Schardin Clarke.

Hashish remains to be unlawful on the federal degree, and tribes are warily getting ready to enter the trade in a authorized grey zone. In Picuris Pueblo, federal regulation enforcement officers destroyed marijuana vegetation licensed for medical use in 2018.

Advertisement

___

Attanasio is a corps member for the Related Press/Report for America Statehouse Information Initiative. Report for America is a nonprofit nationwide service program that locations journalists in native newsrooms to report on under-covered points. Comply with Attanasio on Twitter.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Trending

Exit mobile version