In New Mexico, we do not place caps on the number of cannabis licenses issued nor is there a lottery system. Instead, the Cannabis Control Division promotes participation in the cannabis industry by all people by offering a variety of license types with plant fees as low as $2.50 per mature plant for those growing only for qualified medical patients, and $5.00 per mature plant for those growing for adult-use. The division especially encourages those in underserved communities disproportionately harmed by enforcement of cannabis prohibition and agricultural producers from historically rural and economically disadvantaged communities, including tribal and acequia to participate in these economic opportunities.
Additionally, the division offers microbusiness licenses that can be issued as an individual cannabis producer microbusiness license or an integrated cannabis microbusiness with multiple functions at a discounted rate depending on plant count and number of business functions. This model allows entrepreneurial opportunities for those looking to enter the business on a smaller scale.
To support microbusiness licensees the Cannabis Control Division provides a logo intended to support the cannabis microbusiness in New Mexico. The NM MICRO BIZ logo helps cannabis consumers identify products sourced from small New Mexico businesses. Small businesses are integral to New Mexico’s economy, and promoting small cannabis businesses is key to a thriving New Mexico cannabis industry. To request a digital copy of the NM MICRO BIZ logo, please email RLD.CannabisControl@rld.nm.gov.
Demographic data collected from our licensees demonstrates New Mexico’s commitment to diversity ownership in the cannabis industry. *Updated as of August 2024.
3.279 controlling persons listed in license applications.
Controlling persons are those that have a 10% or more share in a New Mexico cannabis business.
3,279 Controlling Persons Listed in License Applications.
Controlling persons are those that have a 10% or more share in a New Mexico cannabis business.
3,279 Controlling Persons Listed in license Applications.
Controlling persons are those that have a 10% or more share in a New Mexico cannabis business.
2,647 licensees self-identified race on their application.
2,615 licensees self-identified race on their application.
2,853 licensees self-identified race on their application.
2,877 controlling persons listed in license applications.
Controlling persons are those that have a 10% or more share in a New Mexico cannabis business.
2,877 Controlling Persons Listed in License Applications.
Controlling persons are those that have a 10% or more share in a New Mexico cannabis business.
2,877 controlling persons listed in license applications.
Controlling persons are those that have a 10% or more share in a New Mexico cannabis business.