As New Mexico lawmakers try to come up with a legislative proposal to legalize recreational cannabis that might ease the apprehension of some of their colleagues, there is already a group of business owners already laying the groundwork for a post-legalization world.
Sometimes they’re called ancillary cannabis companies, other times they’re called cannabis adjacent businesses. Regardless of what they’re called, there is a network of New Mexico businesses that provide services to medical cannabis producers. Some of those businesses, which range from real estate to technology companies, have come up with innovative ways to help the medical cannabis industry, prepare for legalized cannabis and even break out into the non-cannabis industry.
Jeff Holland and Siv Watkins are the partners behind 11Biomics, a company which specializes in protecting cannabis plants from powdery mildew. Holland, who is from Albuquerque, said the business got its start with a business incubator in California’s Bay Area. Despite offers to keep the company on the west coast, the company opted to bring its technology back to New Mexico to help medical cannabis growers and hopefully stimulate the economy.
“We really want New Mexico to be the leader in this area,” Holland said.
That area, specifically, is soil treatment to combat harmful plant diseases instead of spraying plants with pesticides.