New Mexico Recreational Marijuana Handbook

New Mexico:

New Mexico Marijuana Tax Rate

Sales Tax Medical Excise Tax Medical Max Medical Tax Sales Tax Recreational Excise Tax Recreational Max Recreational Tax
N/A 5.00% 5.00% 5.13% 12.00% 17.13%
New Mexico's recreational marijuana program is relatively new, laws and tax rates may be subject to frquent changes.

2021 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


Marijuana:

  • 2 oz
  • 16 grams extract
  • 800 milligrams edible cannabis

Plants:

  • 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

What is the name of the agency that regulates New Mexico recreational marijuana?

NMDOH administers the MCP is responsible for regulating recreational marijuana in the state of New Mexico.
** This Document Provided By SalesTaxHandbook **
Source: http://www.salestaxhandbook.com/new-mexico/marijuana/recreational