The medical cannabis industry is booming in New Mexico. The industry says the effects of COVID have dramatically increased demand and they’re trying to keep up. “What we learned was it wasn’t just a New Mexico thing, in fact, the number of transactions have doubled in New Mexico, prices have gone up and the supply is pretty […]
New Mexico
Crossing the Cannabis Line in New Mexico
Lawmakers cruise toward ditching out-of-state patients, namely Texans People who are not residents of New Mexico and who don’t have medical cannabis cards in other states would no longer be allowed to buy the medicine here under a proposed law change heading to the governor’s desk and likely to be signed. The House voted Monday […]
New Mexico cannabis legalization faces an uphill climb
A co-sponsor of a bill that would legalize the use of recreational cannabis said he thinks it only has a “one in three” chance of becoming law this year. Sen. Jerry Ortiz y Pino, D-Albuquerque, said Senate Bill 115 is undergoing a revision to better address some concerns raised before it’s heard by the Senate Judiciary Committee […]
Appellate ruling allows tax deduction for medical pot in New Mexico
A state Court of Appeals ruling that New Mexico medical marijuana producers can claim a tax deduction for prescription medication could affect prices for 80,000 or so enrolled patients statewide – and the state budget. The ruling, which overturned a hearing officer’s decision, could carry a multimillion-dollar price tag for the state Taxation and Revenue […]
New Mexico court allows medical marijuana tax deduction
SANTA FE, N.M. (AP) – Medical marijuana producers in New Mexico can claim a tax deduction for prescription medication, a move that could affect prices for thousands of enrolled patients, according to a state Court of Appeals ruling. The 11-page ruling means lawmakers must soon set aside funding to cover the tax claims, which could […]
New Mexico Recreational Pot Legalization Passes 1st Test
A Democrat-backed bill to legalize recreational marijuana businesses in all towns and counties across New Mexico passed its first test late Tuesday amid heighten interested from businesses and health care advocates. The Senate Public Affairs Committee voted 4-3 along party lines to move along the measure that would subsidize medical marijuana and automatically expunge many past pot […]
New Mexico Legislature eyes recreational pot legalization
SANTA FE, N.M. — A Democrat-backed bill to legalize recreational marijuana businesses in all towns and counties across New Mexico was set to get its first public vetting Tuesday by lawmakers. A legislative committee will convene in the afternoon on the Senate floor to accommodate crowds amid intense interest in a bill that would subsidize […]
New Mexico Gov. begins push for legal marijuana
Gov. Michelle Lujan Grisham began her push to try to win over skeptics on the issue of legalizing recreational marijuana use on Thursday, telling Albuquerque business leaders the policy shift would immediately create 11,000 jobs and generate tax dollars that could be used on public safety programs. With a 30-day legislative session scheduled to start […]
New Mexico Issues Health Warning and Order Mandating That Licensees Include A Warning Label On All Cannabis Derived Vape Products
Last Thursday, Kathyleen M. Kunkel, Cabinet Secretary of the New Mexico Department of Health, issued the following order to Medical Marijuana licensees. Public Health Order the Cabinet Secretary of the New Mexico Department of Health October 3, 2019 Warning Labels for Cannabis-Derived Vaping Products Containing Tetrabydrocannabinol (THC) WHEREAS, as of October 3, 2019, the Centers […]
New Mexico judge says DOH will have to issue medical cannabis cards to out-of-state residents
A state district court judge on Monday ordered the state’s Medical Cannabis Program to start issuing medical cannabis cards to individuals who qualify, regardless of where they live. The question of whether non-residents of New Mexico could become medical cannabis patients started when major changes to the state’s medical cannabis law went into effect. One […]
