With over 1,000 dispensaries across the state and limited resources, the Cannabis Control Division (CCD) cannot effectively regulate a rapidly growing industry, which has led to rampant illegal activity. Proper regulation is critical to maintaining fairness, safety, and compliance.
Hemp-derived THC and related synthetic products are entering the market without any oversight. These products are easily accessible to kids and pose public health risks to consumers, especially teens, highlighting the need to ban these products.
As New Mexico’s cannabis market grows, challenges such as illicit competition and regulatory gaps threaten the economic benefits and stability of the industry. Addressing these challenges now will secure a prosperous future for all stakeholders.