New Mexico Revokes Retail Permit for Dispensary Selling California Cannabis

July 16, 2023 · Green Market Report

New Mexico authorities revoked the business permit of Albuquerque cannabis dispensary Paradise Distro for selling marijuana shipped in from California, in violation of both state and federal law.

Paradise Distro was found to be selling cannabis products with California-made markings, displaying edibles and concentrates that weren’t present on shipping manifests, and inaccurately reporting almost $65,000 in sales, according to a press release from the New Mexico Regulation and Licensing Department.

Following an evidentiary hearing on April 27 – which no one from Paradise Distro attended – the NMRLD issued its final decision on Thursday and ordered the shop to cease sales.

“In the interest of public safety, the department is holding true to the intent of the Cannabis Regulation Act and taking action upon licensees that have violated the law,” NMRLD Superintendent Linda Trujillo said in the release. “This revocation should serve as a warning to those selling or receiving out-of-state cannabis products. Our compliance officers are ramping up inspections and we will work to remove bad actors from within the New Mexico cannabis industry.”

Paradise Distro couldn’t be reached for comment by the Associated Press, but illegal interstate trafficking has been an issue for years with legal California cannabis.

It’s also a reason why many industry advocates have been pushing for legal channels for interstate cannabis commerce, which remains elusive despite state laws authorizing such developments by the legislatures in California, Oregon and Washington state.

The New Mexico license revocation is the first such action by the NMRLD since the state’s recreational cannabis market launched in April last year, and which saw just over $300 million in sales for its first 12 months. (Full Story)

In category:Dispensaries
Tags:
Next Post

Curating a Natural Wellness Approach with CBD Kratom

The new and continuing science of plant-derived substances like cannabis, hemp and kratom is providing a market of products that goes beyond traditional dispensary options. What if there was a one-stop resource to learn and shop quality, plant-based products that…
Read
Previous Post

Native American Tribe May Open First Recreational Dispensary in Minnesota

A Native American tribal medical cannabis dispensary may become the first to launch in Minnesota’s recreational marijuana market, following a vote this week by the Red Lake Nation. According to Fox 9, tribal leaders voted to allow NativeCare Dispensary, which the…
Read
Random Post

MJBizCon 2023 opens with hopes for a brighter cannabis industry future

MJBizCon, the world’s biggest event in the cannabis sector, kicks off Wednesday in Las Vegas as industry leaders wrap up a tough year and hope for positive change in 2024 – particularly, the potential reclassification of marijuana as a less…
Read
Random Post

Cannabis-Infused Drinks Are Popping Up Everywhere—Are They Safe?

The controversy surrounding cannabis is nothing new. However, due to its widespread legalization in many parts of the United States, the cannabis conversation has taken some interesting twists and turns in the last few years. We now see a thriving…
Read
Random Post

The inside story of Las Vegas’ first cannabis-friendly hotel

The new hotel in Las Vegas is already sold out. Located just off the Strip, The Lexi was once the Artisan Hotel, which became famous among locals as a late-night hangout that hosted sex parties. But now, the 64-room, adults-only…
Read
Random Post

The Marijuana Industry Paid an Extra $1.8 Billion in Federal Taxes Because of the 280E Tax Code

Whitney Economics, a cannabis research firm, recently conducted a comprehensive analysis of the impact of federal taxes on the cannabis industry. The findings revealed that in 2022, cannabis operators incurred an astonishing $1.8 billion in additional taxes compared to conventional…
Read