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Category: Cannabis

Marijuana and drug policy issues in New Mexico politics.

Posted inCannabis

Your legal high gets more expensive on July 1. Here’s why.

by Kevin Hendricks, nm.news June 30th, 2025June 30th, 2025

Get ready to pay a bit more for your cannabis in New Mexico starting July 1. The state’s cannabis excise tax is set to increase from 12% to 13%, marking the first of annual 1% hikes mandated by current law until 2030. The New Mexico Taxation and Revenue Department recently issued a notice to licensees, […]

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