New Mexico Court of Appeals

N.M. Supreme Court Determines Cannabis Purchases Are Not Subject to Tax

Retrieved on: 
Wednesday, February 23, 2022

ALBUQUERQUE, N.M., Feb. 23, 2022 (GLOBE NEWSWIRE) -- The New Mexico Supreme Court has determined medical cannabis purchases should be treated like any other medication and not have been subject to New Mexico Gross Receipts Tax.

Key Points: 
  • ALBUQUERQUE, N.M., Feb. 23, 2022 (GLOBE NEWSWIRE) -- The New Mexico Supreme Court has determined medical cannabis purchases should be treated like any other medication and not have been subject to New Mexico Gross Receipts Tax.
  • Now, the New Mexico Court of Appeals ruling stands as the determining order that previous cannabis purchases by medical cannabis patients should have never been subject to New Mexico Gross Receipts Tax.
  • In January 2020, the New Mexico Court of Appeals overturned TRDs decision to deny medical cannabis purchases a deduction from New Mexico Gross Receipts Tax.
  • TRD then appealed the Court of Appeals decision, sending the issue to the New Mexico Supreme Court.

New Mexico Court of Appeals Affirms Favorable Writ of Mandamus Ruling

Retrieved on: 
Monday, July 26, 2021

ALBUQUERQUE, N.M., July 26, 2021 (GLOBE NEWSWIRE) -- Ultra Health, New Mexicos #1 Cannabis Company, received a favorable ruling from the New Mexico Court of Appeals on July 22, 2021, affirming the decision made in the Thirteenth Judicial District in October 2018.

Key Points: 
  • ALBUQUERQUE, N.M., July 26, 2021 (GLOBE NEWSWIRE) -- Ultra Health, New Mexicos #1 Cannabis Company, received a favorable ruling from the New Mexico Court of Appeals on July 22, 2021, affirming the decision made in the Thirteenth Judicial District in October 2018.
  • Ultra Health filed a petition for alternative writ of mandamus in August 2018 after the New Mexico Department of Health (NMDOH) refused to designate the operators additional dispensary locations.
  • The New Mexico Court of Appeals upheld Judge McDonalds decision.
  • The 14-page ruling provides a thoughtful legal analysis written by Judge Briana H. Zamora, who was recently appointed to the New Mexico Supreme Court by Governor Michelle Lujan Grisham.