Cannabis Lawyers, CPAs & Consultants in New Mexico
48 professionals serving New Mexico dispensaries, cultivators, and MSOs: 12 cannabis attorneys, 19 CPA firms, 9 consulting firms, and 8 insurance brokers. Regulated by Regulation and Licensing Department (RLD).
New Mexico cannabis market snapshot
New Mexico launched recreational sales in 2022 with consumption lounges permitted, making it a unique market for cannabis tourism. With an estimated 500 active licenses, New Mexico cannabis operators face the usual federal IRC Section 280E tax burden plus NM-specific compliance, licensing, and operational rules. New Mexico generally conforms to federal tax law, so 280E applies at both federal and state levels. Maximizing legitimate COGS allocation under IRC Section 471 is the only path to lower the combined tax bill.
Cannabis Lawyers in New Mexico (12)
Cannabis attorneys handling New Mexico licensing, regulatory compliance, corporate transactions, and cannabis-specific litigation.
Vicente LLP
Cannabis Lawyers
One of the first US law firms specializing in cannabis since 2010. Ranked by Chambers and Best Lawyers.
Zuber Lawler
Cannabis Lawyers
Named Cannabis Law Firm of the Year by Marijuana Venture. Representing leading cannabis clients since 2006.
Harris Sliwoski
Cannabis Lawyers
International cannabis law firm known for the Canna Law Blog. Offices in Portland, Seattle, LA, and San Francisco.
Duane Morris LLP
Cannabis Lawyers
National leader in cannabis law ranked by Chambers, Legal 500, and Law360.
Greenspoon Marder LLP
Cannabis Lawyers
Among the first national law firms to establish a dedicated Cannabis Law practice group.
Fox Rothschild LLP
Cannabis Lawyers
Full-service firm with notable cannabis focus. Publishes the In The Weeds cannabis law blog.
Foley & Lardner LLP
Cannabis Lawyers
Nationwide firm with strong cannabis IP and transactional practice. Chambers-ranked.
Cozen O'Connor
Cannabis Lawyers
Multistate firm handling transactional issues, financings, and acquisitions for cannabis operators and investors.
Perkins Coie LLP
Cannabis Lawyers
Team of 120+ cannabis attorneys. Led legal team for Coalition for Cannabis Scheduling Reform.
Dickinson Wright PLLC
Cannabis Lawyers
Full-service cannabis law practice covering licensing, compliance, and corporate formation across multiple states.
Clark Hill PLC
Cannabis Lawyers
Absorbed Hoban Law Group (premier cannabis firm since 2008) in 2021. International law firm with deep cannabis heritage.
Feuerstein Kulick LLP
Cannabis Lawyers
Well-regarded boutique handling high-profile cannabis M&A deals and licensing.
Cannabis CPAs & Accounting Firms in New Mexico (19)
Cannabis-specialized CPAs offering Section 280E tax planning, COGS allocation, bookkeeping, and IRS audit defense in New Mexico.
Calyx CPA
CPAs & Accountants
Calyx CPA specializes exclusively in cannabis and psychedelic businesses, offering tax preparation, planning, and IRS audit representation nationwide.
GreenGrowth CPAs
CPAs & Accountants
Expert CPA services for cannabis businesses - cultivators, retailers, and MSOs. Specializes in 280E compliance and scaling.
Cannabis CPA Tax
CPAs & Accountants
Boutique CPA firm serving small- and medium-sized cannabis and CBD companies across 19 states and DC.
MGO CPA
CPAs & Accountants
One of the first national accounting firms to develop targeted services for the cannabis and hemp industries.
HBK Cannabis Solutions
CPAs & Accountants
Accounting Today Top 100 CPA Firm with a dedicated team of cannabis industry subject matter experts.
CohnReznick
CPAs & Accountants
Top 25 national firm helping both plant- and non-plant-touching companies navigate cannabis accounting challenges.
The Canna CPAs
CPAs & Accountants
Cannabis-focused CPA firm with over 20 years of IRS representation experience serving dispensaries and cultivation operations nationwide.
Dark Horse CPAs
CPAs & Accountants
Modern CPA firm offering cannabis-specific tax planning, bookkeeping, and fractional CFO advisory services.
DOPE CFO
CPAs & Accountants
Cannabis accounting education, training, and services network. Founder speaks at AICPA National Cannabis Conferences.
Marcum LLP
CPAs & Accountants
Top 100 firm with 23 offices and a dedicated Cannabis Services Group.
MyCannabisAccountant
CPAs & Accountants
Accounting firm specializing in CPA services, tax preparation, and financial advisory for cannabis industry clients.
PK Cannabis
CPAs & Accountants
Cannabis-focused accounting and business consulting firm based in Texas.
Cendrowski Corporate Advisors
CPAs & Accountants
Corporate advisory firm with cannabis accounting specialization. Offices in Michigan and Chicago.
Your420Accountant
CPAs & Accountants
Cannabis-focused accounting and CFO advisory services for cannabis businesses.
Mindtrix Accounting
CPAs & Accountants
Cannabis-specialized accounting firm offering bookkeeping, outsourced CFO, and 280E strategy services.
Dope CPA
CPAs & Accountants
Cannabis accounting and CFO services focused on growth and compliance for operators.
Cherry Bekaert
CPAs & Accountants
Top 25 national CPA firm with a cannabis industry practice group.
Sax LLP
CPAs & Accountants
Top 100 CPA firm with cannabis industry expertise serving multi-state operators and license applicants.
BGM
CPAs & Accountants
BGM has guided 600+ cannabis businesses since 2009, one of the most experienced cannabis accounting firms in the US.
Cannabis Consultants in New Mexico (9)
Licensing, facility design, SOP writing, and operational consulting for New Mexico cannabis businesses.
CannDelta
Consultants
America's top cannabis license consulting firm. Helped launch 400+ cannabis businesses nationwide.
Quantum 9
Consultants
International cannabis consulting since 2012. 92.1% license win rate across 33 US states and 6 countries.
Canna Advisors
Consultants
Since 2013, served 500+ clients in 40 US states and 7 countries.
Higher Yields Consulting
Consultants
International cannabusiness consulting since 2008. 500+ applications across 35 states and 15 countries.
Point Seven Group
Consultants
Tenured global management consulting firm specializing in cannabis consulting and compliance.
GreenWave Advisors
Consultants
Go-to resource for independent, institutional-quality financial research of the cannabis industry since 2014.
WeCann
Consultants
Full-service cannabis advisory firm. 150+ licenses across all cannabis license types.
Cannabis Consultants Group
Consultants
Helps cannabis businesses across the country mitigate risk through facility build-out and licensing services.
Cannabis License Experts
Consultants
350+ cannabis licenses obtained with zero refusals. Team includes former Health Canada and FDA officials.
Cannabis Insurance Brokers in New Mexico (8)
Insurance brokers specializing in cannabis general liability, product liability, property, crop, and workers comp coverage in New Mexico.
CannGen Insurance Services
Insurance
First MGU exclusively focused on legal cannabis, CBD, and hemp since 2008.
Cannasure Insurance Services
Insurance
Premier full-service wholesale broker and MGA created exclusively for cannabis and hemp.
HUB International - Cannabis
Insurance
Dedicated cannabis insurance brokers, advisors, and risk consultants.
Jencap Cannabis Insurance
Insurance
Administers 30+ programs. Cannabis experts with boots on the ground in every major market.
XINSURANCE
Insurance
Customizable all-in-one cannabis insurance solutions for businesses declined by other insurers.
Admiral Insurance Group
Insurance
Commercial casualty insurance for cultivators, processors, wholesalers, and dispensaries.
Cover Cannabis
Insurance
Insurance solutions for the full cannabis supply chain - MSOs, dispensaries, cultivators, labs, and delivery.
Heffernan Insurance Brokers
Insurance
Developed focused cannabis-industry insurance covering the full spectrum of operations.
Frequently Asked Questions
Do I need a cannabis lawyer or CPA in New Mexico specifically?+
Not always, but it helps. New Mexico is regulated by Regulation and Licensing Department (RLD), which has its own filing conventions, licensing workflow, and audit procedures. A professional familiar with NM rules typically catches state-specific issues (local zoning overlays, state tax treatment, license renewal timing) that an out-of-state advisor may miss. For federal 280E tax work and multi-state M&A, a nationwide cannabis specialist is usually fine.
Does New Mexico follow federal IRC Section 280E for state taxes?+
Yes, New Mexico generally conforms to federal tax law, meaning IRC Section 280E also applies at the state level. Cannabis businesses cannot deduct ordinary operating expenses on either their federal or New Mexico return. Only Cost of Goods Sold (COGS) allocated under IRC Section 471 is deductible. A cannabis-specialized CPA can help maximize legitimate COGS allocation.
How much does a cannabis CPA or lawyer in New Mexico cost?+
Fees vary by scope. New Mexico licensing applications are often billed as flat-fee engagements. Ongoing CPA work (bookkeeping, monthly close, 280E tax planning) is typically monthly retainer or hourly. Expect higher rates than standard accounting or general corporate work due to cannabis-specific expertise, audit risk, and complexity. Always ask for a written engagement letter that breaks out scope, deliverables, and fees.
What regulator oversees cannabis businesses in New Mexico?+
Regulation and Licensing Department (RLD) is the primary regulator for cannabis licensing, operational compliance, and testing in New Mexico. Their website is https://www.rld.nm.gov/cannabis. Most cannabis attorneys and compliance consultants in the state have direct experience interacting with this agency and can help with license applications, renewals, and regulatory responses.
Are the professionals listed on CannaBizGuide vetted?+
CannaBizGuide lists cannabis-focused CPAs, attorneys, consultants, and insurance brokers based on publicly stated cannabis practice areas, state licensing, and firm websites. We do not take payment for listings and we are not affiliated with any firm. Always verify state licensure (bar, CPA board), ask for client references, and discuss fee structures in writing before engaging.