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New Mexico Governor Michelle Lujan Grisham signed a budget bill allocating nearly $800,000 to support therapeutic psilocybin research and help low-income residents access treatment. The legislation includes funding for a medical psilocybin treatment equity fund and research at the University of New Mexico, while extending the timeline for a $1 million appropriation to administer the state's psilocybin program through 2027.

New Mexico Governor Signs Funding for Low-Income Psychedelic Therapy

Mar 16, 2026

Source:

Kyle Jaeger

Marijuana Moment

New Mexico is taking a massive leap forward for plant medicine as Governor Michelle Lujan Grisham just greenlit nearly $800,000 to fund psilocybin research and equity. This isn't just about laboratory studies; a huge chunk of this cash is specifically earmarked for "treatment equity" to ensure low-income residents aren't left behind as these therapeutic options roll out. The state is also extending a million-dollar grant to keep the program running smoothly through 2027, focusing on helping patients manage conditions like PTSD and treatment-resistant depression under professional guidance.

This is a major win for the community because it shows a state government actually prioritizing accessibility over just corporate profits. For regular tokers and advocates, this move helps bridge the gap between cannabis and other natural psychedelics, legitimizing the "food as medicine" movement. By funding access for everyone—not just those with deep pockets—New Mexico is setting a standard for how a fair and compassionate regulated market should actually look. It’s an exciting time to see these barriers finally coming down.

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