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NM property firms makes policy on medical marijuana

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Monarch properties manages units through the state, including Los Alamos

By Associated Press

ALBUQUERQUE, (AP) — A major property management firm has notified its New Mexico tenants that they must sign an agreement not to use or grow medical marijuana at home. But Dallas-based Monarch Properties Inc. later reversed the rules for apartments that don’t fall under federal regulations.
The company told tenants in August that although New Mexico is one of 14 states where medical marijuana is legal, marijuana remains illegal under the federal Controlled Substances Act.
On Sept. 1, when the signed agreements were due, Monarch notified residents the new rules apply only to properties receiving federal funding.
The company manages 86 properties throughout New Mexico, most of which fall under Housing and Urban Development and Department of Agriculture regulations because they receive federal subsidies or financing or have tenants who receive federal rental support.
Monarch managers now say they will consider requests for “reasonable accommodation” for medical marijuana use at any of its properties if the resident qualifies under the federal fair housing law or the state Human Rights Act.


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