CANNABIS BUSINESS & LABOR PEACE AGREEMENT

HB 331 requires cannabis businesses with 10 or more employees to enter into a written "labor peace agreement" with a recognized labor organization. This agreement prohibits businesses from interfering with employee organizing efforts and mandates they allow reasonable access for labor groups to discuss representation, while also banning strikes or boycotts by labor groups. Businesses with fewer than 10 employees must provide a written attestation they will secure such an agreement within 60 days of reaching 10 employees. Failure to comply may result in license suspension or denial of renewal starting September 1, 2025. The bill directly affects licensed cannabis businesses in New Mexico by tying license renewals to adherence to these labor agreements.