This bill amends the Hemp Manufacturing Act in New Mexico to provide regulatory authority over hemp finished products and to ban the receipt, possession, advertising, marketing, or sale of semi-synthetic and synthetic cannabinoids. It requires the Environmental Improvement Board to adopt rules regulating hemp extracts and finished products at retail, with specific provisions for permits, labeling, and compliance. The bill introduces new definitions, including "consumer," "hemp retailer," "semi-synthetic cannabinoid," and "synthetic cannabinoid," while also clarifying the definitions of hemp and hemp finished products. Additionally, it establishes penalties for violations of the act and outlines the responsibilities of hemp manufacturers and retailers.

Key provisions include the requirement for hemp manufacturers to obtain permits for manufacturing activities, the establishment of a manifest system for transporting hemp extract, and the stipulation that hemp finished products must not exceed a THC concentration of three-tenths percent. The bill also emphasizes that hemp retailers cannot sell products containing semi-synthetic or synthetic cannabinoids. The Environmental Improvement Board is tasked with adopting rules by July 1, 2025, to ensure compliance and safety in the hemp industry, while existing rules will remain in effect until new ones are established. An emergency clause is included to ensure the act takes effect immediately for public health and safety.

Statutes affected:
introduced version: 76-24-4, 76-24-8, 76-24-9, 76-24-10