Question: How To Grow And Sell Marijuana, New Mexico?

How do I get a growers license in New Mexico?

The plants must be grown by the registered persons on land owned or leased by them. The plants can only be sold at the registered location. To apply for a license, complete this application for a Farmers Market Inspection Certificate and submit it. Send it and the fee to the address on the form.

Do you need a license to grow marijuana in New Mexico?

The Cannabis Control Act, which legalized non-medical cannabis use in New Mexico requires that cultivation licenses be issued no later than January 1, 2022 and that retail sales begin no later than April 1, 2022. More information on requirements and the application process can be found here.

How much does it cost to start a dispensary in New Mexico?

However, it costs between $30,000 and $100,000 to open a medical cannabis dispensary in New Mexico, so it would be smart to plan for at least that much, but even more if you’re playing it safe. Many of the associated costs and fees are non-refundable, even if you don’t secure a license.

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How much is a grower’s license in New Mexico?

License fees: It’s $30,000 for a producer/dispensary license in New Mexico if you’re growing 150 plants or fewer. For each 50 plants, it’s an additional $10,000 (e.g., $40,000 if you’re growing 151-200 plants).

What are the requirements to open a dispensary in New Mexico?

HOW TO OPEN A DISPENSARY IN NEW MEXICO

  • As an example, a non-profit producer that is licensed submitted a non-refundable license fee of: $30,000 for the first 150 cannabis plants.
  • $10,000 for each additional 50 plants – maximum of 450 plants.

What licenses do you need to open a dispensary?

There are three types of licenses are available for dispensaries;

  • Marijuana producer license.
  • Marijuana processor license.
  • Marijuana retailer license.

Is Growing marijuana legal in NM?

New Mexico joins a wave of states that have broadly legalized pot through the legislative process rather than by voter-approved ballot initiative. The new law allows people 21 and over to possess up to 2 ounces (56 grams) of marijuana and grow up to six plants at home, or a total of 12 per household.

What can you grow in New Mexico?

Hot weather crops, such as beans, tomatoes, corn and okra start early in February or March, blooming and setting fruit before the high summer heat. In August, it’s time to plant cool weather crops: lettuce, broccoli, spinach and carrots.

How much do Budtenders make in New Mexico?

How much does a Budtender make in New Mexico? The average Budtender salary in New Mexico is $33,012 as of August 27, 2021, but the range typically falls between $29,410 and $36,834.

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Do you need a license to sell CBD in New Mexico?

CBD oil is a legal product within the state of New Mexico. New Mexico, however, only allows CBD products manufactured locally by licensed CBD businesses. Anyone looking to produce or sell CBD products is, thus, required to obtain an updated permit from the New Mexico Environment Department.

Do you still need a medical card in New Mexico?

Medical marijuana is legal in New Mexico for patients with qualifying conditions. As of June 29, 2021, adults 21 and older can possess up to 2 ounces (56 grams) of flower, 16 grams of concentrate, and 800 milligrams of edibles outside the home and an unspecified amount at home in a hidden, locked container.

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