The Regulatory and Cannabis Licensing Framework for New Mexico
The Licensing Process
Producer, Manufacturer or Retailer License fee
- $1,000 application fee
- $10,000 license fee
- $2,500 annual renewal fee
Financial Opportunity
New Mexico’s cannabis industry has significant potential for growth, especially with the recent legalization of recreational use. The industry has generated over $200 million in revenue from medical cannabis alone, and the addition of recreational use is expected to significantly increase the market size.
Working with a Consultant
Navigating the regulatory and licensing framework for the cannabis industry in New Mexico can be complex and time-consuming. Working with a consultant can help save time and money by ensuring that all applications are completed accurately and in compliance with state laws and regulations. A consultant can also provide valuable guidance and expertise in starting and growing a successful cannabis business in New Mexico.
How to get a cannabis license in New Mexico?
- Physical Security Requirements for recreational cannabis facilities and stores are strict and will need to be outlined,
- Proof of workplace training programs,
- Regulatory Compliance for growing, cultivating, transportation, and sales.
New Mexico Adult Use Licenses
New Mexico Adult-Use Producer License
- Cultivates cannabis plants; has unprocessed cannabis products tested by a cannabis testing laboratory; transports unprocessed cannabis products only to other cannabis establishments; or sells cannabis products wholesale
- Licensing Fees: $2,500/year; $1,000/year for each additional licensed premises
New Mexico Adult-Use Manufacturer License
- Converts uncultivated cannabis into edibles, oils, and other cannabis products; packages cannabis products; has cannabis products tested by a cannabis testing laboratory; or purchases, acquires, sells, or transports wholesale cannabis products to other cannabis establishments
- Licensing Fees: $2,500/year; $1,000/year for each additional licensed premises
New Mexico Adult-Use Retail License
- Sells cannabis products to qualified patients, primary caregivers, reciprocal participants or directly to consumers
- Licensing Fees: $2,500/year; $1,000/year for each additional licensed premises
New Mexico Vertically Integrated Cannabis Establishment
- Authorized to act as any of the following:
a cannabis courier;
a cannabis manufacturer;
a cannabis producer; and
a cannabis retailer - Licensing Fees: $7,500/year; $1,000/year for each licensed premises; Not to exceed $125,000
New Mexico Cannabis Consumption Area
- An area where cannabis products may be consumed (alcohol cannot be sold or consumed)
- Licensing fees: $2,500/year
New Mexico Cannabis Producer Micro Business
- Cannabis producer at a single licensed premise that possesses no more than two hundred total mature cannabis plants at any one time
- Licensing Fees: Up to $1,000/year
New Mexico Adult-Use Cannabis Courier License
- Transports cannabis products to qualified patients, primary caregivers, reciprocal participants or directly to consumers
- Licensing fees: $250/year; $1,00/year for each additional licensed premises
New Mexico Cannabis Research Laboratory
- A facility that produces or possesses cannabis products and all parts of the plant genus Cannabis for the purpose of studying cannabis cultivation, characteristics or uses
- Licensing Fees: $2,500/year; $1,000/year for each additional licensed premises
New Mexico Adult-Use Cannabis Testing Laboratory
- Sample collection and tests cannabis products and transport cannabis products for the purpose of testing
- Licensing Fees: $2,500/year; $1,000/year for each additional licensed premises
New Mexico Integrated Cannabis Microbusiness License
- Authorized to conduct one or more of the following:
- Production of cannabis at a single licensed premise, provided that the person shall not possess more than two hundred total mature cannabis plants at any one time;
- Manufacture of cannabis products at a single licensed premise;
- Sale and transportation of only cannabis products produced or manufactured by that person;
- Operation of only one retail establishment; and
- Couriering (transportation) of cannabis products to qualified patients, primary caregivers, reciprocal participants or directly to consumers
- Licensing Fees: Up to $2,500/year; $500/year for each additional licensed premises.
