An Edgewood-based burro racing company took first place Thursday at a statewide competition for outdoor recreation businesses, winning $10,000 in prize money. New Mexico Pack Burros, founded by Shane Weigand, won the Adventure Pitch Fest pitch battle at the Albuquerque Rail Yards. The company was among eight finalists competing for cash prizes at the event […]
Business
Posted inRio Rancho
Rio Rancho fly-fishing company competes in pitch battle Thursday
A Rio Rancho fly-fishing rod manufacturer will compete Thursday for cash prizes totaling $15,000 at a statewide outdoor business competition. San Juan Rodworks is among eight finalists at Adventure Pitch Fest, scheduled for 3 to 7 p.m. at the Albuquerque Rail Yards. The company produces handcrafted fly-fishing rods built for precision. The fast-paced pitch battle […]
Posted inEdgewood
Edgewood burro business to compete for $15,000
An Edgewood-based company that organizes burro-powered races will compete Thursday for $15,000 in cash prizes in a statewide pitch competition for outdoor recreation businesses. New Mexico Pack Burros is among eight finalists at Adventure Pitch Fest, a state-sponsored event showcasing dozens of outdoor businesses at the Albuquerque Rail Yards. The pitch battle begins at 6 […]
Posted inJobs, Workers & Economy
New Mexicans to see insurance rate hikes 35% – 52% on exchange plans in January, but state subsidies help some buyers
By Jesse Jones, with research assistance from Noah Gollin – About 75,000 New Mexicans who buy coverage through the state’s health insurance exchange will see health insurance rates increase between 35% and 52% starting in January, though state subsidies could help mitigate those increases for lower income families. Earlier this year, the State’s Superintendent of […]
Posted inCannabis, New Mexico
New Mexico Supreme Court upholds warrantless vehicle searches during brief decriminalization era
New Mexico drivers stopped by police during the state’s brief marijuana decriminalization period could still have their vehicles searched without a warrant based on the smell of cannabis alone, the state Supreme Court ruled Thursday in a unanimous decision that clarifies police powers during a unique period in the state’s drug policy history. The ruling […]
Posted inCannabis
Your legal high gets more expensive on July 1. Here’s why.
Get ready to pay a bit more for your cannabis in New Mexico starting July 1. The state’s cannabis excise tax is set to increase from 12% to 13%, marking the first of annual 1% hikes mandated by current law until 2030. The New Mexico Taxation and Revenue Department recently issued a notice to licensees, […]