New Mexico Recreational Marijuana Handbook
New Mexico Marijuana Tax Rate
|Sales Tax Medical||Excise Tax Medical||Max Medical Tax||Sales Tax Recreational||Excise Tax Recreational||Max Recreational Tax|
2023 New Mexico Recreational Marijuana Handbook
New Mexico has 5 bordering states consisting of Arizona, Colorado, Oklahoma, Texas, and Utah.
Recreational marijuana is legal in Arizona and is subject to a sales tax of 5.60%. There is also a 16% excise tax on all sales of recreational marijuana in Arizona.
Recreational marijuana is legal in Colorado and is subject to a sales tax of 15.00%. There is also a 15% excise tax on all sales of recreational marijuana in Colorado.
Recreational Marijuana is illegal in Oklahoma, Texas, and Utah, so there is no tax on recreational marijuana in those states.
About New Mexico Recreational Marijuana
Is recreational marijuana legal in New Mexico?
Yes, recreational marijuana is legal in New Mexico
When and how did New Mexico legalize marijuana recreationally?
New Mexico legalized recreational marijuana in 2021. This law was passed using House Bill 2 and passed with a vote of 73%. The official name for this law is The Cannabis Regulation Act
New Mexico Recreational Marijuana possession limits
- 2 oz
- 16 grams extract
- 800 milligrams edible cannabis
- Six plants per adult
- 12 plants per household
What are the restrictions on growing at home?
It is illegal to grow marijuana at home for personal use in New Mexico