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

May 2, 2023 · MJ Biz Daily

Santa Fe, New Mexico, USA

It’s been a little more than a year since New Mexico launched adult-use cannabis, with sales topping $300 million during the initial 12 months. The state brought in a record $32 million in recreational sales during March alone and is well on its way to reaching $400 million for 2023, as projected by the 2023 MJBiz Factbook. Large population centers – including Albuquerque, Las Cruces and Santa Fe – are driving much of those sales, according to data from the New Mexico Regulation… Read more.