At the current rate of sales, recreational marijuana sales in New Mexico are likely to top $300 million in the first full year of regulated adult-use cannabis sales. Regulated sales of cannabis in New Mexico topped more than $40 million for the month of December, with recreational marijuana sales setting a new record of $28 million for the month. Medical marijuana sales added another $6 million to the city’s overall total for December, bringing it to more than $14 million. Albuquerque leads the state in recreational cannabis sales, posting about $8.4 million in sales for December, a new record for the city. Nearly $832,000 in recreational cannabis sales were rung up in Clovis in December, the highest ever reported in the town of 38,000.
Regulated sales of cannabis in New Mexico topped more than $40 million for the month of December, with recreational marijuana sales setting a new record of $28 million for the month. Sales of medical marijuana totaled about $15.1 million for the last month of 2022, up from about $14 million in November, according to data released this week by the state’s Cannabis Control Division. The increase over the previous month reverses a trend of declining medical marijuana sales posted over the preceding four months, going back to August.
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