Two cannabis businesses in New Mexico hit with $2 million fine and have licenses revoked over ‘illicit activity’
From Fortune Magazine:
New Mexico’s marijuana regulators have shut down two growing operations in a rural county and imposed a $1 million fine on both for repeated violations.
One of the businesses is Native American Agricultural Development Co., linked to a 2020 Navajo businessman cannabis raid by federal authorities and led to a court order halting those operations.
Chinese immigrant workers are suing the business and claim they were lured to northern New Mexico and forced to work illegally.
The company was accused of exceeding the state’s plant count limits and not tracking and tracing the inventory.
The other business to have its license revoked was Bliss Farm, located in rural Torrance County within miles of Benally’s operation.
The state ordered both to immediately stop all commercial cannabis activity.
State regulators cited Bliss Farm for 17 violations including evidence of a recent harvest without records entered into the state’s track and trace system.
The company representing the Bliss Farm operation has invested tens of millions of dollars into the operation and will likely have to go to court to reopen the farm.
The company already has invested tens of millions of dollars into the operation and will likely have to go to court to reopen the farm, Oakey said.
The company has invested tens of millions of dollars into the operation.
The company already has invested tens of millions of dollars into the operation and will likely have to go to court to reopen the farm, Oakey said.
Read more: Two cannabis businesses in New Mexico hit with $2 million fine and have licenses revoked over ‘illicit activity’