New Mexico set a monthly record for recreational and medical cannabis sales with more than $52 million in March.
Licensed retailers totaled more than $39 million in adult-use sales and $13 million-plus in medical marijuana transactions through the month, according to data from the New Mexico Regulation & Licensing Department (NMRLD).
The second-largest cannabis sales month in New Mexico was December 2023, when combined transactions reached more than $50 million.
Total New Mexico marijuana sales since the adult-use program launched in 2022 surpassed the $1 billion mark earlier this year.
The state had 1,050 total retail marijuana outlets as of February, according to the NMRLD.
