WestJet Cancels 86 Flights as CUPE Strike Threat Disrupts Travel 
Trump Urges Exxon, Chevron to Cut Gas Prices After Record Oil Profits 
BYD July Global Vehicle Sales Rise 22% as Overseas Demand Surges 
Nike China Strategy to Lift Margins Despite $1 Billion Sales Hit, Bernstein Says 
AstraZeneca, Bristol Myers Squibb Explore Mega Merger Worth Nearly $400 Billion 
Shein Targets $30B-$40B Valuation in Hong Kong IPO Planned for August 
SK Hynix Bonus Dispute Deepens as Union Rejects Stock-Based Payout Proposal 
Bayer Q2 Earnings Beat Forecasts as Crop Science Boosts Results, Debt Outlook Improves 
Boeing Stock Jumps as FAA Certifies 737 MAX-7 After Years of Regulatory Review 
T-Mobile Executives Reportedly Oppose $300 Billion Deutsche Telekom Merger 
Toyota Raises FY2027 Outlook, Announces ¥1 Trillion Buyback Despite Q1 Profit Dip 
HSBC H1 Profit Jumps 23%, Announces $1 Billion Share Buyback and Reaffirms 2028 Targets 
Roblox Stock Drops 16% as Q3 Bookings Forecast Misses Expectations 
Apple Stock Slides 7% as Weak Sales Forecast Overshadows Quarterly Earnings Beat 
Holcim Raises 2026 Outlook After Strong Q2 Earnings Beat 
Prysmian Nears Deal to Acquire Atkore in Potential All-Cash Takeover 
FleetPartners Shares Jump After A$760 Million Takeover Proposal From Pacific Equity Partners 
ALBUQUERQUE, N.M., April 03, 2018 -- For the first time, New Mexico’s Medical Cannabis Program exceeded 50,000 patients, reaching 50,954 as of March 31, 2018, according to the New Mexico Department of Health.
|
|||||
The current enrollment is 46 percent higher than the 34,909 patient enrollment as of March 31, 2017. The program has grown by over 16,000 patients in this last year, adding over 4,300 alone in the first quarter of 2018.
In 2007, The Lynn and Erin Compassionate Use Act was signed into law making New Mexico the 12th state to legalize cannabis for medical use. Since then, 17 more states have passed their own medical cannabis legislation and nine states have fully legalized cannabis for social use.
On April 2, 2018, The Albuquerque City Council voted to decriminalize low level cannabis possession, marking another historical moment of cannabis reform in New Mexico. The city’s criminal code will make it a civil infraction to possess up to one ounce of cannabis and cannabis paraphernalia, punishable by a $25 fine without jail time. Albuquerque Mayor Tim Keller is expected to sign the decriminalization ordinance in the next two weeks.
Previously, those possessing an ounce or less would face a $50 fine as well as potential jail time of up to 15 days.
“The City of Albuquerque has made a critical next step forward in cannabis reform by decriminalizing small amounts of cannabis,” said Duke Rodriguez, CEO and President of Ultra Health®. “While we believe no one should be put in jail for low level possession, it is equally important that New Mexicans be given the choice to legally obtain their cannabis from a safe and regulated source.”
Patient enrollment in New Mexico’s Medical Cannabis Program is expected to surpass 65,000 cardholders by December 31, 2018, and the program is expected to generate more than $100 million in revenue for 2018.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/73c4b2d8-eab7-4186-94c5-2433be10d391
Contact: Marissa Novel 480-404-6699
[email protected]
