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New Mexico CANNABIS LICENSES

Move Confidently into the Cannabis Industry with New Mexico's
#1 cannabis consulting firm emphasizing regulatory and scientific compliance.

Table of Contents

What is the Opportunity Size in New Mexico

A line of buildings in New Mexico on a page about Cannabis Licenses and buying new facility
Do you want to know how to get your New Mexico cannabis license fast? Start your cannabis licensure journey off right, contact America’s leading cannabis licensing consultants today! Turn-key application packages for small businesses. Get licensed now!
CannDelta prepares all cannabis license applications in the state of New Mexico. Contact us to get the process started!
Population of New Mexico State:

2,117,522

Population of the Capital City, Sante Fe:
87,500
Population of the 2nd largest city, Albuquerque:
562,000
USA’s: 36h Most Populous State
USA’s 5th Largest State by Area
A line of buildings in New Mexico on a page about Cannabis Licenses and buying new facility
CannDelta Team Picture with all members
CannDelta helps clients build winning, global strategies in the regulated space. From cannabis cultivation to large-scale cannabis research and development, CannDelta’s team of global industry experts will help you achieve a better, more profitable future in the regulated and scientific industry in New Mexico and globally. Start your cannabis licensure journey off right, contact America’s #1 cannabis licensing consultants today! Turn-key application packages for small businesses. Get licensed now!

Contact Us

CannDelta Consultants high five after a license application submission for a cannabis dispensary in New York State
CannDelta helps clients build winning, global strategies in the regulated space. From cannabis cultivation to large-scale cannabis research and development, CannDelta’s team of global industry experts will help you achieve a better, more profitable future in the regulated and scientific industry in New Mexico and globally. Start your cannabis licensure journey off right, contact America’s #1 cannabis licensing consultants today! Turn-key application packages for small businesses. Get licensed now!

CannDelta 
99 Hudson Street
5th Floor, Suite 7123
New York, NY   10013
USA

Email: info[@]canndelta.com
Phone(646) 440-4202
Toll free: 1 (877) 274-6777

New Mexico recently passed recreational cannabis laws, and the final rules for potential businesses joining the industry were just finalized. Most of these new rules follow the guidelines the Cannabis Control Division set out earlier this year.

The Regulatory and Cannabis Licensing Framework for New Mexico

New Mexico has a well-established regulatory framework for the cannabis industry, with a process for licensing and oversight that is designed to ensure that businesses are compliant with state laws and regulations. The framework has been in place since 2007, when the state first authorized the use of medical cannabis. In 2021, New Mexico legalized the recreational use of cannabis, expanding the opportunity for entrepreneurs in the industry.

The Licensing Process

The licensing process in New Mexico is overseen by the state’s Regulation and Licensing Department. There are three types of licenses available for cannabis businesses: producer, manufacturer, and retailer. Each license type requires a separate application process, with specific requirements for each.
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.
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