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New Mexico Warns Medical Cannabis Dispensaries on Cannabidiol Sales

The state is making it known that out-of-state CBD sources will not be allowed.

New Mexico

Associated Press

July 19, 2018

SANTA FE, N.M. (AP) — State health officials are warning medical marijuana dispensaries against selling cannabidiol produced outside of New Mexico or from plants grown outside the state.

The Santa Fe New Mexican reports Medical Cannabis Program director Kenny Vigil wrote to dispensaries June 7 that the practice is "in violation of the Lynn and Erin Compassionate Use Act and must cease."

Federal Judge Rules Medical Cannabis Isn’t Covered by Insurance

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21 States With the Highest, Lowest Cannabis Sales Per Dispensary

New Mexico

Federal Judge Rules Medical Cannabis Isn’t Covered by Insurance

The U.S. district judge determined New Mexico law doesn’t mandate coverage, and, if it did, such a law would be preempted by federal law.

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New Mexico Bill to Provide Health Insurance for Medical Cannabis Advances

The legislation could further the argument that cannabis has currently accepted medical use despite federal prohibition in the U.S.

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With only seven dispensaries, Rhode Island tops the list with nearly $17 million in annual sales revenue per store. But that will soon change.

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New Mexico

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These 23 States, DC Collected $2.9 Billion in Cannabis Excise Tax Revenue in 2023

While Washington levies the highest excise tax rate in the nation, its cannabis revenue didn’t represent the highest percent of its total state tax revenue.

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Bright Green Corp. Submits DEA Registration For Production of Schedule I, II Controlled Substances

The application follows the company’s approval from the New Mexico Board of Pharmacy this year.

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New Mexico Regulators Revoke Licenses for 2 Cannabis Growers, Issue $1 Million Fines to Each

Bliss Farm and Native American Agricultural Development Co. in Torrance County exceeded their licensed plant limits, according to state officials.

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Stone Road Farms Partners With Stash House for New Mexico Expansion

Executives from both businesses say a strong partnership was essential to bringing Stone Road’s California-based brand to New Mexico’s rapidly growing market.

Founded in 2016 by Lex Corwin, Stone Road Farms produces sun-grown flower on a 57-acre, off-grid biodynamic farm in Nevada City, Calif.

When and How 24 States Legalized Adult-Use Cannabis in the US: A Timeline With Current Tax Rates

Here’s the full breakdown of which states legalized through ballot measures versus legislative action and their taxation structures, including the most recent to join the list -- Ohio.

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New Mexico Regulators Work to Bring Cannabis Businesses Into Tax Compliance

The New Mexico Taxation and Revenue Department began contacting dispensary licensees over the summer to notify them that they had failed to file one or more tax returns since registering with the department.

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New Mexico, Montana Continue Breaking Cannabis Sales Records; Among Best Performing Markets in Nation

The emerging adult-use programs are outdoing their legalization peers on a per-capita sales basis.

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New Mexico Brings in Colorado Industry Expert As Director of Cannabis Program

Todd Stevens, of Colorado-based Native Roots, is now the top cannabis regulator in the Land of Enchantment.

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