Linda Trujillo, the Superintendent of the Regulation and Licensing Department, stated that the New Mexico cannabis industry has demonstrated remarkable potential. The governor expressed enthusiasm for the future of the innovative and secure adult-use cannabis industry. The Governor is celebrating $488.3 million in recreational and medical marijuana sales signaling the 2.1 million people in the state are very pro-marijuana! In recent months, officials from other states have also been promoting marijuana sales, such as in neighboring Arizona, where adult-use cannabis purchases in 2022 culminated in a year-end total of $1.4 billion. Marijuana sales are booming in sparsely populated New Mexico – and driving some strong tax revenue!
Marijuana sales are booming in sparsely populated New Mexico – and driving some strong tax revenue!
Marijuana legalization in New Mexico is only a year old – but what a year! The Governor is celebrating $488.3 million in recreational and medical marijuana sales signaling the 2.1 million people in the state are very pro-marijuana! On Monday, Governor Michelle Lujan Grisham (D) reported that sales of recreational marijuana have remained consistent over the past year, with the monthly record for purchases being set in March at $32.3 million.
Mayara Klingner...Read the full article @ Fresh Toast