Marijuana Buyers From Texas Fuel a ‘Little Amsterdam’ in New Mexico January 7, 2024 AggregatedNews New Mexico, Texas 0 Comments In a desert valley along the Rio Grande in New Mexico, the city of Sunland Park has generally offered few amenities for its roughly 17,000 residents. No large grocery store. Few shops. Little to offer those uninterested in the racetrack… Read More→
Why the number of dispensaries is concerning the NM cannabis industry October 12, 2023 AggregatedNews New Mexico 1 Comment There are more than 1,000 licensed dispensaries in New Mexico. Professionals in the cannabis industry speak on why it may worry them. In the most recent report from the state, New Mexico's cannabis industry brought in more than $30 million… Read More→
Manager with Colorado cannabis business is tapped to lead New Mexico’s team of marijuana regulators August 23, 2023 AggregatedNews New Mexico 0 Comments Todd Stevens, who served as a manager at Native Roots Cannabis, oversaw operations at 5 cannabis dispensaries in CO SANTA FE, N.M. (AP) — A manager with one of Colorado’s largest cannabis companies will serve as the next director of… Read More→
New Mexico revokes license of local marijuana retailer for selling cannabis from California July 14, 2023 AggregatedNews New Mexico 1 Comment New Mexico has revoked the license of a marijuana retailer in Albuquerque for selling out-of-state cannabis in violation of state law, the state cannabis control division announced Thursday. Regulators allege that the Paradise Exotics Distro cannabis store on a central… Read More→
New Mexico launches educational campaign on responsible cannabis use June 8, 2023 AggregatedNews New Mexico 0 Comments NM campaign scheduled to run in June with media budget of $400K After more than a year of recreational marijuana sales, New Mexico is rolling out its first campaign to educate people about responsible use. The first batch of billboards… Read More→
First-year sales of recreational marijuana reach $300 million in New Mexico April 4, 2023 AggregatedNews New Mexico 0 Comments It’s been a year since cash registers first started ringing up sales of adult-use recreational marijuana in New Mexico. They haven’t stopped. Commercial sales of recreational cannabis topped more than $300 million in their first year, generating more than $27… Read More→
Takeaways from NM’s first 4 months of recreational cannabis August 29, 2022 AggregatedNews New Mexico 0 Comments New Mexico’s newest industry has many around the state excited for its potential economic impact — from the funding it can provide for things like public education, to the tourism it can drive to the state and even the opportunity… Read More→
Some New Mexico cannabis producers may face higher than expected tax bill May 18, 2022 AggregatedNews New Mexico 0 Comments New Mexico recreational-use cannabis companies, for the first time, are required to file their gross receipts and cannabis excise taxes in one week. It’s unclear exactly how much the state is set to collect, but cannabis regulators reported more than… Read More→
Medical Marijuana Patients In New Mexico Are Struggling To Find Product — Here’s Why April 12, 2022 AggregatedNews New Mexico 0 Comments Since New Mexico launched its adult-use marijuana market April 1, dispensaries have made a lot of money, bringing in about $8 million in revenue. And while this is great for the industry and the state, medical marijuana patients have been… Read More→
New Mexico’s marijuana sales eclipse $4 million mark April 4, 2022 AggregatedNews New Mexico 0 Comments Cannabis sales in New Mexico have been smoking hot, to say the least. Recreational cannabis sales have topped the $3 million mark, since legal sales began Friday. As of 12 pm Sunday, more than $4.5 million in total sales have… Read More→
New Mexico launches cannabis sales, within Texans’ reach April 1, 2022 AggregatedNews New Mexico 0 Comments SANTA FE, N.M. (AP) — New Mexico is bringing sales of recreational marijuana to the doorstep of Texas, the largest prohibition state, as the movement toward broad legalization sweeps up even more of the American West. As of midnight Friday… Read More→
Tribes Prepare for Cannabis Ventures in New Mexico March 29, 2022 AggregatedNews New Mexico 0 Comments Two tribal communities have been reassured they’ll be able to take part in New Mexico’s marijuana market opening in April without the threat of federal law enforcement interference on tribal land, according to agreements with state cannabis regulators signed on… Read More→
What’s ahead for recreational pot in New Mexico this week? March 28, 2022 AggregatedNews New Mexico 0 Comments Marijuana aficionados and entrepreneurs across New Mexico are bracing for the April 1 start of state-regulated retail marijuana. New Mexico joins 17 other states that have legalized recreational marijuana without significant legal challenges. The start date for sales ushers in… Read More→
What’s ahead for recreational pot in New Mexico March 26, 2022 AggregatedNews New Mexico 0 Comments SANTA FE, N.M. (AP) — Marijuana aficionados and entrepreneurs across New Mexico are bracing for the April 1 start of state-regulated retail marijuana. New Mexico joins 17 other states that have legalized recreation marijuana without significant legal challenges. The start… Read More→
Supreme Court: Medical marijuana can’t be taxed in New Mexico February 24, 2022 AggregatedNews New Mexico 0 Comments The New Mexico Supreme Court has let stand a lower court ruling that found cannabis purchases by medical marijuana patients should not be subject to gross receipts tax. The Supreme Court issued its order Wednesday, just days before parties in… Read More→