There was more legal marijuana sold in New Mexico in March than in any month prior according to data released by the New Mexico Regulation & Licensing Department.
In March New Mexico consumers purchased $47,759,256 in legal marijuana and marijuana products. $32,359,270 of this was from recreational marijuana sales, with the remaining $15,399,985 coming from the purchase of medical marijuana. These numbers are a roughly 15% increase over the $40.2 million sold in January and the $41 million sold in February.
According to the department, there are 633 marijuana outlets throughout the state (27 more than in February), with 1,013,476 total transactions. This marks the first time the state surpassed 1 million total transactions for legal marijuana sales.
New Mexico’s first legal recreational marijuana sales began in April, 2022. Total marijuana sales since then:
- Medical Sales $187,356,135.35
- Medical Transactions 3,658,565
- Adult-Use Sales $300,973,859.87
- Adult-Use Transactions 6,727,402
- Total Sales $488,329,995.21
- Total Transactions 10,385,967
The top cities since the start of legal sales:
- Albuquerque: $171 million
- Sante Fe: $39 million
- Las Cruces: $38.9 million
- Hobbs: $21.7 million
- Sunland Park: $21.7 million
In New Mexico those 21 and older are allowed to possess up to two ounces of marijuana, which they can purchase from licensed marijuana retail outlets. Consumers can also purchase and possess up to 16 grams of marijuana extract and 800mg of marijuana-infused edibles. The personal cultivation of up to six marijuana plants is also allowed.
More articles from The Marijuana Herald can be found below.
