Clovis expects economic growth after legalizing adult marijuana in state

CLOVIS, New Mexico (KFDA) – With the town of Clovis close to the Texas border, the community expects economic growth after the governor of New Mexico signed a law legalizing adult-use marijuana in the state.

“What the New Mexico City League told us is not to expect a huge windfall in gross tax revenue unless you’re in a border town bordering Texas or Arizona, and so with Clovis eight miles from the border, I think we certainly expect some traffic from texas, but it’s hard to say at this point how much or what we should be receiving, ”said Jared Morris, lawyer. from the town of Clovis.

Morris says the city expects a lot of business from this and expects many dispensaries to open just because of the proximity to Lubbock and Amarillo.

“I think a lot of citizens and other municipalities in the state expect that there are probably quite a few dispensaries that will open just because of our proximity to Lubbock and Amarillo. So I think we expect to see a fair amount of business, ”Morris said.

The Clovis Economic Development Corporation sent us a statement indicating: “The cannabis industry has the potential to generate additional tax revenue for the city, and so far at least four dispensaries have considered opening facilities in Clovis. Clovis Economic Development (CIDC) is here to provide information and services as we do for all potential businesses given our region.. “

“I know there are a number of great Colorado dispensaries that have called and inquired about our prescriptions and where we are and potential locations, so the interest has been mostly outside of Clovis,” he said. Morris said.

On Thursday’s agenda, the City will vote on hours of operation, locations and restrictions on manner.

They will also seek to authorize dispensaries in the general commercial, central business and industrial areas of Clovis.

“It actually started at the Planning and Zoning Commission, so they had a recommendation and that’s what’s in the proposed ordinance for Thursday. I believe their recommendation was 300 feet between any cannabis establishment and a school, church, recovery center, daycare, 300 feet from any residential area is also another requirement, then 500 feet between establishments, ”he said. Morris said.

The proposal currently suggests allowing dispensaries to be open seven days a week from 9 a.m. to 8 p.m.

Everything is set to be adopted by September 1, which is when New Mexico will begin accepting nominations from retailers and producers.

Thus, the city of Clovis plans to put everything in place before the approved companies move in, come the date.

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