State: Cannabis tax program 'highly compliant'

Jan 14, 2025

The state is short millions of dollars in collected taxes, according to the New Mexico Taxation and Revenue Department, or TRD. Still, state tax officials say the $6.4 million in uncollected taxes through November doesn't mean the program isn't "highly compliant." The figure comes as the New Mexico cannabis industry has reached a significant milestone: more than $1 billion in...