New Mexico gave tentative approval for around $2.6 million
SANTA FE, N.M. (AP) — State economic development officials are pledging $2.6 million in grants to help with infrastructure and job training costs for a new hemp production and research venture at greenhouses in Las Cruces.
New Mexico’s Economic Development Department announced Monday that Rich Global Hemp has been given tentative approval for a $1.2 million infrastructure grant and $1.4 million in job-training subsidies.
In a news release, Economic Development Secretary Alicia Keyes says the infrastructure-related grant is expected to help add 180 local jobs.
The hemp venture is led by Joshua Rich. The state says that Rich has been a partner in hemp and cannabis growing businesses in California, Nevada and Oregon and previously worked a liaison between physicians and medical marijuana patients.
Hemp was legalized by the federal government last year.