Albuquerque, New Mexico to Fund Universal Basic Income with Cannabis Tax Revenue
Summary by The Marijuana Herald
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Albuquerque, New Mexico to Fund Universal Basic Income with Cannabis Tax Revenue
The Marijuana Herald - Marijuana news and information The City of Albuquerque, New Mexico has approved a new Universal Basic Income (UBI) initiative aimed at supporting low-income residents, funded by tax revenue from recreational cannabis sales. (Photo credit: USA Today). Spearheaded by Councillor Klarissa Peña, the program is an expansion of the Marijuana Equity and Community Reinvestment Fund, established in 2023 to aid communities adversely …
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