New Mexico Medical Cannabis Business & Marijuana Legal News


New Mexico alters rules for medical marjiuana sales to nonresidents

New Mexico has stopped issuing medical cannabis enrollment cards to people who live outside the state but soon will allow nonresident patients enrolled in other state programs to buy MMJ. Only a week ago, New Mexico reversed course on a decision that allowed nonresidents to sign up to participate in the state’s medical marijuana program. State health […]

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New Mexico banning nonresident medical cannabis sales

In a move that could hurt sales at medical marijuana dispensaries in New Mexico, the state is ending the program that allowed MMJ cards for nonresidents. The Legislature approved a bill phasing out the nonresident program in midyear. The legislation is supported by Gov. Michelle Lujan Grisham. More than 600 people from Texas, Arizona and […]

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Week in Review: NM nixes adult-use cannabis bill, Aurora posts big loss, Trump seeks money to regulate CBD/hemp & more

A New Mexico Senate panel scraps legislation to legalize recreational marijuana, Aurora Cannabis reports a steep loss for its second quarter, President Trump’s 2021 budget proposal seeks additional money for the federal government to regulate hemp and CBD – and more of the week’s top cannabis business news. New Mexico lawmakers scrap adult-use bill A […]

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New Mexico medical marijuana businesses had issues with failed recreational legalization bill

While legalizing recreational marijuana in New Mexico appears dead until 2021, this year’s legislative measure was problematic enough that even the state’s leading medical marijuana operator had deep concerns. Duke Rodriguez, the CEO of UltraHealth, which is “100% committed to legalization,” said rejecting this nearly 200-page version was probably the right decision by lawmakers. “They […]

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New Mexico plan to legalize recreational cannabis sales is derailed

A key Senate subcommittee in New Mexico voted against legalizing the sale of adult-use marijuana in the state, likely killing any chance of legislation being adopted this year. The committee voted 6-4 against a proposal that would have permitted recreational marijuana sales in every city and county in the state. Two Democrats joined Republicans in […]

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Week in Review: Aurora CEO departs, Whoopi Goldberg leaves medical cannabis firm, NM allows MMJ business tax deductions & more

Aurora’s Terry Booth exits the company, a big-name celebrity leaves the namesake medical marijuana retailer she co-founded, a New Mexico court allows MMJ business tax deductions – and more of the week’s top cannabis business news. Another Canadian cannabis CEO departs Canadian multinational marijuana company Aurora Cannabis announced its chief executive stepped aside this week after […]

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New Mexico court allows medical cannabis business tax deductions

New Mexico medical marijuana providers can claim a tax deduction for prescription MMJ, the state’s Court of Appeals ruled, providing dispensary owners with a potential tax break that is unavailable in other states. Depending on the medical marijuana producer, tax claims could “carry a multimillion-dollar price tag for the state Taxation and Revenue Department,” the Albuquerque […]

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New Mexico adult-use cannabis bill moves forward

Recreational marijuana businesses would be legal in all municipalities and counties in New Mexico under a Democrat-backed bill that has been narrowly approved by a Senate committee. The Senate Public Affairs Committee voted 4-3 on the measure, which also would subsidize the state’s existing medical marijuana program. If the bill becomes law, each recreational marijuana […]

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Bills would legalize adult-use marijuana in New Mexico

Proposed legislation in New Mexico would legalize recreational cannabis sales in the state. Cities and counties could not opt out, even if they don’t approve of adult-use cannabis sales, under the proposed bills, although they would retain control with local zoning restrictions and hours of operations for the retailers. Under mirror legalization bills filed in […]

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New Mexico gov again pushes adult-use marijuana legalization

Legalizing recreational marijuana is one of New Mexico Gov. Michelle Lujan Grisham’s legislative goals for 2020, a move she contends would be a huge economic boon for the state. After adult-use legalization stalled in New Mexico’s Legislature in 2019, Grisham, a supporter of the bipartisan effort, vowed to revive legalization this year. Grisham, a Democrat, […]

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New Mexico medical cannabis firm wins $69,000 in lawsuit settlement

Officials of events company Expo New Mexico agreed to drop a pending appeal and pay $69,600 to medical marijuana company Ultra Health as part of a lawsuit settlement. The settlement comes almost a year after a judge ruled that Expo New Mexico had violated Ultra Health’s First Amendment rights by restricting its free speech. The […]

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