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NM medical cannabis companies won’t have to renew licenses this summer

MJ Biz report

Instead of having to undergo the annual summer license renewal process, New Mexico’s medical cannabis businesses can instead focus on the upcoming licensing process for adult-use permits as the state transitions to a recreational MJ market.

According to the New Mexico Political Report, the grace period for the state’s 34 MMJ companies also comes with a change in state departmental oversight: Since New Mexico legalized medical cannabis in 2007, the industry has been the jurisdiction of the state health department.

Full report

https://mjbizdaily.com/new-mexico-medical-cannabis-companies-can-forgo-license-renewals-this-summer/

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