US: Cannabis sales in New Mexico surpass $2B

Mar 20, 2026 | New Mexico

It has been nearly four years since purchasing marijuana for recreational use became legal in New Mexico. Since then, sales in the state for both adult and medical use have surpassed $2 billion. The state saw sales cross the $2 billion threshold in November 2025, and...

Compliance Check Data From Legal States Confirms That Licensed Retailers Don’t Sell Cannabis to Minors

Mar 20, 2026 | National

Licensed cannabis retailers are in strict compliance with their state’s minimum age requirements and nearly always deny access to underage patrons. That’s according to compliance check data provided by regulators in California, Colorado, Washington, and several other...

IRS digs in on marijuana rescheduling as MSOs’ 280E bill balloons

Mar 20, 2026 | National

Cannabis companies owe the IRS $1.6 billion and counting in past-due 280E-related bills, and marijuana rescheduling is unlikely to change that, the agency said in recent filings. Major marijuana multistate operators owe more than $1.6 billion in back taxes...

IRS Files First Response to Common Industry 280E Arguments

Mar 20, 2026 | National

The Internal Revenue Service (IRS) recently filed its first written response to arguments used widely by cannabis taxpayers as justification for not paying Section 280E taxes. The closely-watched U.S. Tax Court case, New Mexico Top Organics v. Commissioner, has been...

INDUSTRY BULLETIN: 26-02 – RECALL ANNOUNCED

Feb 27, 2026 | Bulletins - CCD

Immediate Recall – GH LLC License Number VIC-2025-0030 Medical Cannabis Product “Kush Pops” (200 mg THC per package flavors – Watermelon, Grape, Raspberry, Blueberry, Strawberry)  The New Mexico Cannabis Control Division (“CCD”) is issuing this industry bulletin...