Home Uncategorized State of New Mexico turns down request for higher marijuana plant counts

State of New Mexico turns down request for higher marijuana plant counts

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The state of New Mexico on Wednesday turned down a request from multiple medical cannabis producers for an immediate increase in plant counts to avert what they predicted would be a shortage in supply after a new law legalizing use of recreational marijuana goes into effect June 29.

Last month, some of New Mexico’s leading producers wrote a letter to the state asserting the new law nullifies purchase limits on medical cannabis patients, who now are restricted from buying more than 230 grams, or about 8 ounces, of cannabis or cannabis products over a rolling 90-day period.

The producers said they needed to increase production right away because they anticipated medical cannabis patients would buy a lot more product under the higher purchase caps set by the new Cannabis Regulation Act, particularly since the law exempts medical cannabis from excise and gross receipts taxes, making it cheaper for patients.

But the purchase limits on medical cannabis patients will remain unchanged, at least until commercial sales begin, Health Secretary Dr. Tracie Collins and Regulation and Licensing Superintendent Linda Trujillo wrote in a joint letter in response to the producers’ request from last month.

The post State of New Mexico turns down request for higher marijuana plant counts appeared first on Cannabis Business Executive – Cannabis and Marijuana industry news.

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