New Mexico: Page 3

New Projections Estimate Lower Cannabis Tax Revenue in New Mexico

Nearly five months since the launch of adult-use sales, experts say initial revenue projections were slightly higher than the $22.7 million that is now expected.

New Mexico Reviews Past Cannabis-Related Charges for Expungement

District attorney offices across the state are re-evaluating criminal records after lawmakers passed legislation last year to automatically expunge cannabis-related convictions.

New Mexico Total Cannabis Sales Top $40 Million in July

Adult-use sales accounted for about $23.5 million.

Fridays Reign King for Massachusetts Cannabis Dispensaries

The busiest day of the week for retailers saw a 61% increase in sales traffic on average compared to the slowest day of the week—Monday.

New Mexico’s Adult-Use Cannabis Sales Top $21 Million in June

Including medical sales, the state’s licensed dispensaries sold nearly $38 million worth of cannabis products last month.

New Mexico Cannabis Control Division Director Resigns

Kristen Thomson’s resignation is effective immediately, and Carolina Barrera has been appointed as the interim director.

Ultra Health, New Mexico Cannabis Patients Sue Health Insurers

The class-action lawsuit seeks to force health insurance companies to provide full coverage for medical cannabis used to treat behavioral health.

New Mexico’s Adult-Use Cannabis Sales Surpass $21 Million in May

The state launched its adult-use market April 1.

New Mexico Tribes Sign Agreement on Adult-Use Cannabis Sales

Two tribes have signed an agreement with state officials to recognize the tribes’ authority to collect cannabis sales tax.

First Signs ‘Not All That Impressive’ for New Mexico’s Adult-Use Market: Q&A With Ultra Health CEO Duke Rodriguez

The head executive of the largest cannabis retailer in the state says he has concerns with how the state performed in the first month of adult-use sales.

Lowell Farms, Schwazze Partner in Colorado and New Mexico

The strategic licensing agreement will bring Lowell Smokes to both state markets by the fourth quarter of 2022.

New Mexico Adult-Use Cannabis Sales Eclipse $22.1 Million in First Month; Medical Hits $17.3 Million

The country’s newest fully legal retail market grossed nearly $39.5 million in combined medical and adult-use sales in April.

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