Laws are constantly shifting and changing across the United States, so it can be quite a challenge to keep track of how many states have medical marijuana.

With an abundance of consumer demand and money to be made, many people are trying to break into the recreational cannabis business. However, becoming a licensed producer of recreational cannabis is complicated and expensive, especially for multistate operators.

June 29 was a big day in New Mexico! Cannabis legalization is here, making New Mexico the 17th state to legalize recreational cannabis. Under the Cannabis Regulation Act signed by Governor Grisham in April, the possession and growth of adult-use cannabis will no longer be illegal in New Mexico.

In the cannabis industry, licensing requirements and fees depend on the business category—cultivation/grow, retail distribution, cannabis processors such as extractors, manufacturers of edibles, among others.