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New Mexico

New Mexico Medical Marijuana News

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Marijuana cultivator Bright Green secures $3.5 million private placement

By MJBizDaily Staff · May 23, 2023
An institutional investor has agreed to buy more than 3 million shares in Florida-based marijuana cultivation company Bright Green Corp. Read More

New Mexico adds insomnia as medical marijuana qualifying condition

By MJBizDaily Staff · May 17, 2023

US cannabis industry’s $100 billion economic impact varies by state

By Andrew Long · May 11, 2023

Cannabis cultivator Bright Green granted DEA production license

By MJBizDaily Staff · May 3, 2023

New Mexico’s adult-use marijuana sales bolstered by tourism, Texas residents

By Andrew Long · May 2, 2023

Schwazze expands New Mexico cannabis footprint through $38 million acquisition

Colorado-based cannabis multistate operator Schwazze is deepening its presence in New Mexico with the planned acquisition of certain assets belonging to Sucellus.

April 26, 2023
Image of a Welcome to New Mexico sign

New Mexico legal adult-use marijuana sales exceed $300 million in first year

New Mexico’s regulated adult-use marijuana market turned 1 year old on April 1, with first-year recreational sales totaling nearly $301 million.

April 4, 2023
Image of the Balloon Fiesta in Albuquerque, New Mexico

1st Arizona cannabis store owned by Black woman to open 4/20

Marijuana entrepreneur Marvina Thomas is the first Black woman to own a legal cannabis store in Arizona.

March 23, 2023
Image of Marvina Thomas

New Mexico legal marijuana sales grow to $41.6 million in February

Sales of legal adult-use and medical marijuana in New Mexico totaled $41.6 million in February, according to sales figures released by the state’s cannabis regulator.

March 10, 2023
Image of a double rainbow in New Mexico

Marijuana firm Bright Green’s immigrant fundraising plan draws scrutiny

Nasdaq-traded marijuana company Bright Green Corp. is again attracting scrutiny and questions, this time for its audacious plan to raise $500 million through a federal investment program that targets immigrant investors.

March 1, 2023
Image of the entrance to Bright Green.'s 22-acre agricultural facility in Grants, New Mexico.

Opinion: Native American cannabis businesses spread across United States

Native American tribes throughout the United States are investing in cannabis.

February 17, 2023
Map of tribal-owned cannabis retail.

Marijuana sales in New Mexico total $40.2 million in January

New Mexico sales of regulated recreational and medical marijuana totaled $40.2 million in January.

February 8, 2023
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