NEW MEXICO CANNABIS PROGRAM

NEW MEXICO
Licenses Available

STATE STATUS

The state of New Mexico legalized medical cannabis in 2007, through a Legislative bill, Senate Bill 523, which provided a legal way for qualifying patients in the state to access and utilize medical cannabis as a form of treatment for their ailment. Access to medical cannabis is through state licensed businesses that are allowed to grow, manufacture and sell medical cannabis. Learn more about how to get a New Mexico marijuana business license or schedule a complimentary consultation with our licensing expert, below.

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NUMBER OF MARIJUANA BUSINESS LICENSES AVAILABLE

New Mexico Non-Profit Producer (LNPP): a vertically integrated license, allowing a licensee to grow medical cannabis plants; extract, process and produce medical cannabis products; and dispense to registered patients. There is a limit of thirty-five (35) LNPPs allowed statewide. There are no limits to the number of stand-alone dispensaries each LNPP is allowed to open. The state awarded all 35 LNPPs and is no longer accepting applications for additional LNPPs.

New Mexico Manufacturer Only:

can manufacture cannabis products; package, transport or courier cannabis products; have cannabis products tested by a cannabis testing facility; purchase, obtain, sell and transport cannabis products to other cannabis establishments; and prepare products for personal production license holders. Currently there are twelve (12) manufacturing licenses statewide. There is no limit to the number of Manufacturers the state will issue. The state is currently accepting applications for Manufacturers only licenses with no deadline for submission.

HOW TO START A MARIJUANA BUSINESS IN NEW MEXICO

To obtain a marijuana business license in New Mexico, you will be required to submit an application. As part of the application, you will be required to submit marijuana business plans such as the following:

  • Business Plan
  • Financial Plan
  • Manufacturing Plan
  • Inventory Control Plan
  • Security Plan
  • Recordkeeping Plan
  • Community Benefits Plan

 

Schedule for a complimentary 15-min consult with our licensing/application expert to learn more about how we may be able to assist you.


ENHANCED OVERVIEW OF MARIJUANA IN NEW MEXICO

Governor Bill Richardson signed Senate Bill 523 into law on April 2, 2007, legalizing medical marijuana in New Mexico. The Department of Health (DOH) was assigned as the regulating department and was responsible for developing rules and regulations for the state’s medical marijuana program. The department issued 23 Licensed Nonprofit Producers (LNPPs) in 2011 and reopened the application process to issue the additional 12 LNPP licenses- the application process closed on May 1, 2015.

Governor Michelle Lujan signed SB 406 into law in April 2019, which made substantial changes to the state’s medical marijuana program. Some of the changes include:

  • allowing medical marijuana to be administered in school
  • allowing for reciprocity, this allows patients from other states with legal medical marijuana programs to purchase medical marijuana at a licensed dispensary in New Mexico
  • creating a new Personal Production license which allows patients in rural areas to grow marijuana and send it to manufacturers to process it into products for them
  • extending the validity of patient registration cards to three years

NEW MEXICO MARIJUANA TIMELINE

2007 – New Mexico legalized medical marijuana

2013 – New Mexico’s first medical marijuana businesses opened, and medical cannabis sales began

2015 – New Mexico reopened the application process to license an additional 23 medical cannabis producer licenses

2020 – New Mexico opened the application process to license Manufacturers only, with no deadline

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"Cannabis Business Advisors is a world-class company. Their tactical and strategic knowledge will guide any business to success. CB Advisors' advice and counsel played a key role in making Strive Life the only locally awarded dispensary in North Dakota."

- Jonathan O'KeefeDispensary Owner, Strive Life Grand Forks

"SARA’S SUCCESS SPEAKS FOR ITSELF. OUR COMPANY CONTINUES TO ENGAGE SARA FOR ONGOING CONSULTING AND HER ADVICE REMAINS SOLID AND RELEVANT TO OUR GROWTH."

- JonathanOwner, Firefly Dispensaries in Pennsylvania.

"WORKING WITH SARA WAS A PLEASURE. WE DON’T KNOW HOW WE WOULD HAVE GOTTEN THROUGH THE APPLICATION PROCESS WITHOUT HER."

- Kristina BeglarianArizona Vertically Integrated Facility Owner

"Sara reduced much of the management team’s stress by her knowledge, execution, resolving conflicts, and firm but confident approach."

- Dr. Robert CaprettoChairman, Solevo Wellness

"Sara’s success speaks for itself. Our company continues to engage Sara for ongoing consulting and her advice remains solid and relevant to our growth."

- JonathanOwner, Firefly Dispensaries in Pennsylvania.

"Working with Sara was a pleasure. We don’t know how we would have gotten through the application process without her."

-Kristina BeglarianArizona Vertically Integrated Facility Owner