Market & legal data in the tobacco alternatives sector in New Mexico

18th January 2024: US - New Mexico: Senate Bill 80 has been introduced and would prohibit the sale of flavoured tobacco products in the state. A flavoured tobacco product means "any tobacco product that contains any ingredient, substance, chemical or compound, other than tobacco, water or reconstituted tobacco sheet, that is added by the manufacturer to a tobacco product during the processing, manufacture or packing of a tobacco product that imparts a characterizing flavor".
20th March 2023: US - New Mexico: House Bill 547 has been approved by both the Senate and House. The bill would change the definition of tobacco products for tax purposes to include all nicotine-containing products, including synthetic nicotine products. It would not change the existing tax rate on tobacco products, meaning that these products would be taxed at 25% of the product value.
17th February 2023: US - New Mexico: House Bill 124 will be heard by the House Taxation & Revenue Committee next Monday, 20th February. This bill would change the definition of tobacco product to include all nicotine-containing products, whether it's tobacco-derived nicotine or synthetic nicotine. It would further eliminate the e-liquid tax and include all products within a single tobacco products tax, raising the tax from 25% to 31% of the wholesale price.
16th January 2023: US - New Mexico: House Bill 94 has been introduced. This bill would prohibit the sale of flavoured tobacco products. The definition of tobacco products would include nicotine-containing products, and e-cigarettes specifically.

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LATEST ALERTS

Alternative tobacco and nicotine products in New Mexico

22nd Century plans growth in the US and abroad despite overall losses in 2022

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