New Mexico’s CCD Considers Fee Amendments for Cannabis Licenses

NEW MEXICO – The Cannabis Control Division (CCD) in New Mexico is contemplating several amendments to cannabis regulations.

According to KRQE, these changes would impact fees associated with obtaining cannabis licenses. One significant alteration would establish a flat annual fee of $1,000 for integrated cannabis microbusiness licenses.

Currently, the CCD charges $500 for microbusinesses with 100 or fewer plants and $1,000 for those with 101 to 200 plants.

The proposed rules also include new fees of $75 for license amendments and $75 for adding non-controlling agents to a license. Furthermore, prospective cannabis producers, retailers, and manufacturers would be required to submit lists of employees, demonstrate proper tax registration, and secure local zoning approval. Applicants must also provide comprehensive details about any previous cannabis-related disciplinary actions they may have faced.

A public hearing to discuss these proposed changes is scheduled for November 13, 2023, at 9:00 a.m. in Santa Fe.

Cannabutter Digest has everything you need to stay up to date on the latest trends. From exciting new product reviews, to delicious recipes, we have all the cannabis news you can use!