At a little less than $38 million in June, adult-use cannabis sales in New Mexico are holding steady three months after the market launched.
That total compares to $38.5 million of sales in May and $39.4 million in April, the month when the recreational market began.
According to the New Mexico Regulation and Licensing Department, the state’s marijuana retailers recorded $21.2 million in recreational sales in June and $16.5 million in medical cannabis sales.
Albuquerque marijuana stores sold the most cannabis by far in June at $13.6 million, according to state figures. The second-highest was Santa Fe at $3.2 million.
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“As adult-use sales remain steady, this new industry is bringing new economic opportunities for entrepreneurs and communities across New Mexico,” said Carolina Barrera, acting director of the state’s Cannabis Control Division.