CANNASIGNAL™
LIVE DATA
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SIGNAL
HEMP BAN: Federal intoxicating-hemp ban takes effect Nov 12-13, 2026 — consumer migration to licensed markets expectedFEDERAL: Schedule III rescheduling in progress — 280E relief expected late 2026FEDERAL RISK INDEX: 37/100 (LOW) — rescheduling momentum growingVA: Adult-use retail launches Jul 1, 2027 — license applications open Feb 1, 2027IL: SB 3222 omnibus signed — possession limits doubled, intoxicating hemp moves to dispensaries Nov 12MI: 24% wholesale tax challenged in court — repeal bill SB 810 pending in committeeCA: Cannabis excise tax locked at 15% through July 2028 per AB 564NJ: Cannabis consumption lounges now open in Atlantic City, Newark, MerchantvilleMN: Omnibus Cannabis Act signed — hemp-to-cannabis license bridge ahead of federal banOK: Governor pushes to eliminate medical program — bipartisan opposition buildingHEMP BAN: Federal intoxicating-hemp ban takes effect Nov 12-13, 2026 — consumer migration to licensed markets expectedFEDERAL: Schedule III rescheduling in progress — 280E relief expected late 2026FEDERAL RISK INDEX: 37/100 (LOW) — rescheduling momentum growingVA: Adult-use retail launches Jul 1, 2027 — license applications open Feb 1, 2027IL: SB 3222 omnibus signed — possession limits doubled, intoxicating hemp moves to dispensaries Nov 12MI: 24% wholesale tax challenged in court — repeal bill SB 810 pending in committeeCA: Cannabis excise tax locked at 15% through July 2028 per AB 564NJ: Cannabis consumption lounges now open in Atlantic City, Newark, MerchantvilleMN: Omnibus Cannabis Act signed — hemp-to-cannabis license bridge ahead of federal banOK: Governor pushes to eliminate medical program — bipartisan opposition building

NEW MEXICO

ADULT USE + MEDICAL

STATE REGULATORY PROFILE · MEDICAL EST. 2007 · ADULT USE EST. 2021

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Legal Status
Current program type
ADULT USE + MEDICAL
MEDICAL SINCE 2007
ADULT USE SINCE 2021
Active Bills
Refreshed daily
...
TRACKED IN NM
Latest Action
Most recent movement
...
Advancing
Committee or later
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OF 0 BILLS
Regulatory Framework
Program details
RegulatorRLD
Track & TraceMETRC
Lab AccreditationISO 17025
License RenewalAnnual
Application Fee$2,500
Retail CapNo cap
Apps Currently OpenYes
Tax Rate13%
Market TierEmerging
Program Features
Permitted activities
Delivery Permitted✓ YES
Consumption Sites✗ NO
Social Equity Program✓ YES
ACTIVE LEGISLATION IN NEW MEXICO
Bill #TitleStatusLast Action
REGULATORY TIMELINE
LEGALIZATION
REFORM
ENFORCEMENT
PROCEDURAL
APR 1, 2022LEGALIZATION
Adult-use retail sales begin
New Mexico opens licensed recreational sales less than a year after legalization — one of the faster rollouts in the country. Combined medical and adult-use sales topped $1 billion by 2024.
SOURCE ↗
JUN 29, 2021LEGALIZATION
Possession becomes legal
Adults 21+ may possess up to two ounces in public and grow up to six plants per person (twelve per household), with larger amounts allowed if stored securely at home.
APR 12, 2021LEGALIZATION
Lujan Grisham signs Cannabis Regulation Act
Gov. Lujan Grisham signs HB 2 after a special legislative session, making New Mexico one of the first states to legalize adult-use via the legislature. A companion bill (SB 2) provides for automatic expungement, and a single Cannabis Control Division regulates both medical and adult-use.
SOURCE ↗
2019REFORM
Possession decriminalized
New Mexico decriminalizes small-amount possession, lowering penalties ahead of full legalization two years later.
2007LEGALIZATION
Medical cannabis legalized
The Lynn and Erin Compassionate Use Act establishes a Department of Health-run medical program for qualifying patients, building the licensed-producer base later folded into the adult-use market.
1978REFORM
First state medical cannabis law
New Mexico enacts the nation’s first state law recognizing the medical value of cannabis — a research-program framework spurred by cancer patient Lynn Pierson — decades ahead of its modern medical and adult-use programs.
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