New Mexico Cannabis Business Guide
RecreationalNew Mexico launched recreational sales in 2022 with consumption lounges permitted, making it a unique market for cannabis tourism.
Active Licenses
500
Regulator
Regulation and Licensing Department (RLD)
Testing Labs
3
Consumption Lounges
Legal
Testing Labs in New Mexico
Find licensed cannabis testing laboratories
Professionals in New Mexico
CPAs, lawyers, and consultants
Regulation and Licensing Department (RLD)
Official state regulator website
Testing Labs in New Mexico
View allRio Grande Analytics
Albuquerque, New Mexico
Scepter Labs
Santa Fe, New Mexico
Argon Labs
ClosedAlbuquerque, New Mexico
Cannabis testing license expired July 2024. No renewal on record.
Cannabis Professionals Serving New Mexico
View allCalyx 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.
Latest Updates
All newsCongressman Presses DOJ and DEA on Cannabis Rescheduling Timeline
Congressman Steve Cohen sent a letter to AG Bondi and DEA Administrator Cole demanding an update on cannabis rescheduling progress. The letter came 99 days after Trump signed the executive order directing 'expeditious' completion of Schedule III rulemaking.
New Congressional Research Report on Cannabis Rescheduling Published
Congressional researchers released a new analysis noting that rescheduling would be a 'transitional' step requiring follow-up banking, commerce, and justice reforms. The report emphasized that rescheduling alone would not bring state markets into compliance with federal law.
Virginia Legislature Sends Cannabis Sales Legalization Bill to Governor
Virginia's legislature voted to adopt legislation legalizing adult-use cannabis dispensary sales, sending the bill to Gov. Spanberger's desk. The bill sets a January 1, 2027 launch date for retail sales, covering taxes, licensing, and regulatory duties.
Cannabis MSOs Owe $1.6 Billion in Unpaid 280E Taxes as IRS Fights Back
Major cannabis multistate operators collectively owe more than $1.6 billion in unpaid federal taxes under Section 280E. The IRS argued that Trump's rescheduling executive order does not change tax obligations because it has not been finalized.
IRS Disputes Cannabis Company's Challenge to 280E in Tax Court
The IRS filed arguments in Tax Court against New Mexico cannabis company Ultra Health, which challenged the applicability of Section 280E. The IRS called Ultra Health's argument for the court to conduct its own rescheduling review an 'imaginary process.'