N.M. Stat. Ann. § 30-31-10
A. The following controlled substances are included in Schedule V:
(1) any compound, mixture or preparation that contains the following limited quantities of any of the following narcotic drugs, and that also contains one or more nonnarcotic active medicinal ingredients in sufficient proportion to confer upon the compound, mixture or preparation valuable medicinal qualities other than those possessed by the narcotic drug alone:
(2) any compound, mixture or preparation that contains any detectable quantity of pseudoephedrine, its salts or its optical isomers, or salts of its optical isomers. A compound, mixture or preparation as specified in this paragraph shall be dispensed, sold or distributed only by a licensed pharmacist or pharmacist intern or a registered pharmacy technician. Unless pursuant to a valid prescription, a person purchasing, receiving or otherwise acquiring the compound, mixture or preparation shall:
B. The board may by regulation exempt any compound, mixture or preparation containing any depressant or stimulant substance enumerated in Schedules III, IV or V from the application of the Controlled Substances Act if:
History: 1953 Comp., § 54-11-10, enacted by Laws 1972, ch. 84, § 10; 2006, ch. 16, § 2.
The 2006 amendment, effective July 1, 2006, added Paragraph (2) of Subsection A to include pseudoephedrine as a controlled substance; permitted only licensed pharmacists, interns or technicians to sell pseudoephedrine; limited the amount of pseudoephedrine that may be sold to a purchaser; and unless pursuant to a prescription, required persons who purchase pseudoephedrine to provide identification and to sign a log; added Subsection C to provide that the board may exempt a product containing pseudoephedrine from Schedule V if the board determines the product is formulated to prevent the conversion of the product to methamphetamine; and added Subsection D to provide that the board shall monitor prices charged for products with pseudoephedrine and adopt rules to prevent unwarranted price increases.