Andy Lyman

New Mexico cannabis businesses are expected to pay cannabis excise and gross receipts taxes by the end of this month. But the state’s Taxation and Revenue Department is also expected to issue about $15 million dollars worth of gross receipts refunds to medical cannabis companies that paid those taxe…

A New Mexico cannabis company that was ordered to cease operations at one of its Santa Fe facilities can now resume its operation. According to a letter from Cannabis Control Division Director Kristen Thomson to cannabis company Sacred Garden, state regulators lifted a previously issued cease and d…

The nascent New Mexico cannabis industry is generally expected to contribute tens of millions of dollars to state revenue this year, but some new cannabis businesses are learning firsthand how hard it can be to raise enough capital to operate. This week’s episode of Growing Forward, the collaborative cannabis podcast between NM Political Report and […]

Companies that are venturing into the New Mexico cannabis industry are likely learning how difficult it can be to secure capital, buildings and insurance. Growing Forward, the collaborative podcast between NM Political Report and New Mexico PBS, explored those topics in its latest episode. In late May, New Mexico’s chapter of NAIOP, a commercial real […]

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On Friday, the Otero County Commission voted against providing legal counsel for controversial Commissioner Couy Griffin. Griffin himself did not vote on the issue but the other two commissioners voted against approving county-provided legal representation for Griffin in a lawsuit against him filed in state district court. Griffin has gained national attention, first for leading […]

Believe it or not, Sunland Park, a southern New Mexico city with a reported population of just 17,000, has an entertainment district. The city’s entertainment district is currently home to an amusement park and a horse racetrack with its own casino and hotel. The city is so close to El Paso, Texas that it is […]

Southern New Mexico arguably has unique issues compared to the central and northern parts of the state. That rings especially true when it comes to the state’s cannabis industry which launched earlier this year after the passage of the Cannabis Regulation Act. Growing Forward, the collaborative podcast between New Mexico PBS and NM Political Report, […]

A class action lawsuit challenging health insurance companies’ refusal to cover the costs of medical cannabis has been moved to federal court, for now. The lawsuit, filed earlier this year by a group of medical cannabis patients and one cannabis production company, originally asked a state district…

New Mexico has collected, or is due to collect, nearly $10 million dollars from cannabis taxes, according to the state’s Regulation and Licensing and Taxation and Revenue departments. According to the latest announcement from the Regulation and Licensing Department, July marked the highest sales so far with more than $40 million in combined medical-use and […]