There Are Now More Cannabis Dispensaries Than Liquor Stores in Albuquerque

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With more cannabis stores open than alcohol stores, Galarza and everyone else must deal with the competition in an industry flooded with players. The city of Albuquerque now has more cannabis dispensaries than liquor stores open, KRQE News reports. Previously, Albuquerque denied the ReLeaf Cannabis Company the Lomas Boulevard location, as it was within 600 feet of 505 Farms, which broke a rule. Two weeks later, Galarza learned that Releaf Cannabis Company was cleared to set up shop nearby. However, along with a handful of other cannabis business owners on the street, ReLeaf Cannabis Company demanded the zoning hearing examiner make an exception to the rule and attended the hearing to stand up for themselves and make a case.

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The city of Albuquerque now has more cannabis dispensaries than liquor stores open, KRQE News reports. New Mexico became the 18th state to legalize adult-use cannabis in 2021. They were the fifth to do so through the legislative process versus voter initiative. The law went into effect on June 29, 2021, making the announcement regarding cannabis shops news almost a year after marijuana became legal. However, the high number of stores is causing conflict between owners and turning local industry members against one another in a fight to...

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