Latest / NRBC Compliance Brief / Vol. 1, Ed. 17 — Mon Aug 31: New Mexico tracking cutover enters final week
Transcript
- This is the New Realm Compliance Brief, Volume One, Edition Seventeen, for Monday, August Thirty-First. A quiet weekend on the regulatory front, so today's update is short. Our top story: New Mexico's cannabis track-and-trace transition enters its final week. As of today, testing laboratories can no longer receive samples in the outgoing BioTrack system. Retailers gain access to the state's new system, called N M S Two S, on Wednesday, September Second, and BioTrack shuts down for good at one minute past midnight on Friday, September Fourth. Seven businesses, backed by the Cannabis Association of New Mexico, have asked a state district court for an emergency order keeping BioTrack in place through September Fifteenth. As of late last week the court had not ruled, and the state has moved to dismiss the case. Regulators said the new system will eliminate per-tag fees and monthly subscription costs. Around the states: In Texas, a Travis County judge is weighing a temporary restraining order that would pause enforcement of the state's THC ban. The businesses' attorney argued the state health department has never defined what trace amount of THC is illegal; opponents of hemp sales said the state should keep its prohibition in place. If the restraining order is denied, a fuller injunction hearing would follow on September Seventeenth or October Eighth. In Indiana, Morales Beverage Group signed a letter of intent to acquire Republic National Distributing Company's Indiana assets, expanding its distribution footprint to a sixth state. On the radar: House bill Seventy Twenty-Four, which would delay the new federal hemp restrictions from November Twelfth of this year to November of Twenty Twenty-Eight, stands at forty-one House backers but has not had a committee vote. And the Drug Enforcement Administration's marijuana rescheduling decision remains pending after the hearing transcript was published last week. Full details and source links are in today's email. This update is for general information only — it is not legal advice.