US (NM): Supreme Court: MMJ can't be taxed

The New Mexico Supreme Court has let stand a lower court ruling that found cannabis purchases by medical cannabis patients should not be subject to gross receipts tax.

The Supreme Court issued its order Wednesday, just days before parties in the case were scheduled to present arguments.

The case stemmed from requests for tax refunds by producers in 2014 and again in 2018. The state Taxation and Revenue Department had denied those claims. In 2020, the New Mexico Court of Appeals ruled that medical cannabis should be treated like other prescriptions, which are not taxed.

Appellate Court Judge M. Monica Zamora had stated in the opinion at the time that New Mexico's Compassionate Use Act was intended to make medical cannabis accessible to those with debilitating conditions.

Read more at alamogordonews.com


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