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NM's cannabis sales steady as lawmakers discuss taxes

September was the third straight record-breaking month for sales ....

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Growing Forward: It's not easy being green | The NM Political Report

The nascent New Mexico cannabis industry is generally expected to contribute tens of millions of dollars to state revenue this year, but some new cannabis businesses are learning firsthand how hard it can be to raise enough capital to operate. This week’s episode of Growing Forward, the collaborative cannabis podcast between NM Political Report and […] ....

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Some NM cannabis producers may face higher than expected tax bill

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 $20 million in recreational-use sales for the month of April. Since an announcement from the […] ....

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NM's recreational cannabis industry goes live

As of April 1, adults in New Mexico can buy recreational marijuana, making it the latest Mountain West state to legalize cannabis as federal lawmakers consider broader decriminalization. Under the new law, anyone 21 and older can buy up to 2 ounces of recreational marijuana, and on Friday many New Mexicans lined up to shop. ....

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Conflicting views on when or if NM is headed for a medical cannabis shortage

Cannabis producers in New Mexico have their collective eyes on daily sales numbers to determine what sort of demand there will be moving forward a week after recreational-use sales started. The New Mexico Cannabis Control Division reported more than $5.2 million in combined medical and recreational-use cannabis sales and more than 87,000 transactions in the […] ....

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