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Illustration: Lazaro Gamio/Axios

New Mexico Gov. Michelle Lujan Grisham (D) on Monday signed a bill that will legalize recreational marijuana for people over the age of 21.

The state of play: Lujan Grisham said in a statement following the state legislature's passage of the bill, "This is a significant victory for New Mexico. Workers will benefit from the opportunity to build careers in this new economy."

  • Commercial sales of cannabis in New Mexico will begin no later than April 2022, the Las Cruces Sun News reports.
  • Legalization is expected to generate $20 million in state revenue for New Mexico in 2023, per the Albuquerque Journal. Local governments are also expected to see $10 million in revenue.
  • The bill will also permit about 100 prisoners in the state with drug-related charges to have their convictions reconsidered, AP notes.

The big picture: New Mexico is now the seventh state since November to legalize marijuana use, per AP.

  • The efforts follow a national trend of lawmakers rethinking marijuana laws, especially when it comes to their disproportionate effect on communities of color.

Go deeper

Elise Stefanik elected No. 3 House Republican after Liz Cheney ouster

Rep. Elise Stefanik (R-NY) on May 12. Photo: Mandel Ngan/AFP via Getty Images

House Republicans voted 134-46 in a secret ballot Friday to appoint Rep. Elise Stefanik (R-N.Y.) as the chair of the GOP conference, replacing Rep. Liz Cheney (R-Wyo.).

Why it matters: Stefanik's appointment underscores how important loyalty to former President Trump remains to the Republican Party.

Retail sales flat in April after huge surge in March

Illustration: Aïda Amer/Axios

April retail sales in the U.S. were unchanged from March, which saw a surge revised up to 10.7%, according to the latest Commerce Department report published Friday.

Why it matters: The U.S. has been entering a period of growing optimism in the wake of the vaccine rollout, falling new COVID-19 cases and deaths, and a slowly recovering labor market. Retail sales were up 51% year-over-year compared to April 2020.

Policy group lays groundwork for "net negative" emissions tech

Illustration: Aïda Amer/Axios

A new policy roadmap provides Congress and the White House with ways to support the growth of methods to pull carbon dioxide from the atmosphere using everything from existing forests to direct air capture machines.

Driving the news: Recent climate studies, such as the UN Intergovernmental Panel on Climate Change's 1.5-degree report, have pointed to the clear need for society to pursue strategies for driving carbon emissions into negative territory by the latter half of the century.