New Mexico reports record cannabis sales of $52 million in March
New Mexico set a monthly record for recreational and medical cannabis sales with more than $52 million in March.
New Mexico Medical Marijuana News
New Mexico set a monthly record for recreational and medical cannabis sales with more than $52 million in March.
Combined sales of legal medical and recreational marijuana in New Mexico have set a record, surpassing $1 billion less than two years after the state launched its adult-use market.
New Mexico’s largest medical and adult-use marijuana operator, Ultra Health, will close one of its two Santa Fe stores at the end of February.
A monthslong MJBizDaily investigation into the business practices of marijuana multistate operator MedMen Enterprises reveals a widespread pattern of not paying invoices, abruptly closing stores and terminating employees without warning.
The government of New Mexico has provided marijuana processor and manufacturer Vana with a $90,000 grant.
Law enforcement on the Navajo Nation have charged two members with illegally growing marijuana on tribal lands.
Year-over-year marijuana sales-growth rates varied in 2023, with new markets continuing to grow and established markets not declining as much.