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Home»Business & Industry»New Mexico Regulators Revoke Cannabis License for Selling Products from California
Business & Industry

New Mexico Regulators Revoke Cannabis License for Selling Products from California

July 18, 2023No Comments2 Mins Read
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New Mexico Regulators Revoke Cannabis License for Selling Products from California
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An Albuquerque, New Mexico hashish retailer final week had their license revoked for promoting hashish merchandise from California. On July 13, the New Mexico Regulation and Licensing Division ordered Paradise Distro LLC to terminate gross sales instantly.  

It’s the first time state regulators have revoked a hashish enterprise license within the state.  

In a statement, Regulation and Licensing Division Superintendent Linda Trujillo stated the “revocation ought to function a warning to these promoting or receiving out-of-state hashish merchandise.”

“Within the curiosity of public security, the division is holding true to the intent of the Hashish Regulation Act and taking motion upon licensees which have violated the regulation. … Our compliance officers are ramping up inspections and we are going to work to take away dangerous actors from throughout the New Mexico hashish business.” — Trujillo in a press launch 

Based on the Licensing Division, Hashish Management Division compliance officers discovered quite a few violations at Paradise, together with possessing, receiving, and promoting hashish merchandise that weren’t native to New Mexico and marked with California stampings. The corporate was additionally displaying merchandise comparable to edibles and concentrates that weren’t correctly documented on the required transport manifests, and inaccurately reporting gross sales knowledge, together with greater than $56,000 in money and $8,338 in further funds that had been reported within the licensees’ third-party point-of-sale system however not in BioTrack, the state’s required monitor and hint system. 

Representatives for the corporate didn’t attend an April evidentiary listening to and the advice to revoke the license was signed June 30. 

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