New Mexico adult-use marijuana sales surpass $3.5 million in first three days
New Mexico’s new adult-use marijuana market recorded more than $3.52 million worth of sales from market launch on Friday through Sunday.
New Mexico cannabis store broken into ahead of state’s adult-use sales launch
An Albuquerque, New Mexico marijuana retail store was broken into as it prepared for a grand opening and just before the state began recreational marijuana sales today.
New Mexico cannabis firms prep for Texan shopping spree as adult-use sales launch
Cannabis businesses in eastern and southern New Mexico are counting on a stampede of Texans to supersize their sales when the state’s adult-use marijuana market launches Friday, but that opportunity might not last forever.
New Mexico tribes sign deal to sell recreational marijuana
Two tribal communities in New Mexico are planning to enter the recreational marijuana industry in the state.
New Mexico set to launch $400 million adult-use marijuana market likely to attract Texans
New Mexico is set to roll out the nation’s newest adult-use marijuana market on April 1, with a focus on providing plentiful opportunities to small local businesses in the first state to establish an adult-use industry next to Texas.
Cannabis MSO Verano taps $100 million in debt financing to support expansion
Cannabis multistate operator Verano Holdings said it has drawn an additional $100 million under its existing credit agreement to fund expansion and strategic initiatives.
NM medical marijuana firms eligible for tax refund after court decision
New Mexico’s highest court declined to hear an appeal regarding whether medical marijuana producers are subject to the state’s gross receipts tax, meaning MMJ businesses in the state will be able to claim a significant tax break.