Sales show no signs of slowing down since the launch of Adult Use
SANTA FE – Governor Michelle Lujan Grisham and the Department of Licensing and Regulation’s Division of Cannabis Control announced Thursday that July cannabis sales set a new record for total monthly sales, surpassing all previous months, including April, New Mexico’s first month of legalized recreation. or sales of “adult” cannabis.
During the month of July, licensed retailers across the state reported more than $40 million in cannabis sales. July adult cannabis sales alone topped $23 million. Cannabis sales topped $39 million in April, the first month of legalized recreational sales and a previous record high, with April adult sales totaling just over $22 million .
“These numbers show that the impressive sales generated in the first month of legalized recreational cannabis sales were no fluke, and this is just the beginning,” said Governor Lujan Grisham. “We have established a new industry that is already generating millions of dollars in local and state revenue and will continue to generate millions more in economic activity across the state, creating thousands of jobs for New Mexicans in communities both small and large.” .
The state’s population centers of Albuquerque, Santa Fe, Las Cruces, Hobbs and Rio Rancho had the highest sales numbers in July.
The Cannabis Control Division publishes sales numbers monthly, with data available at the beginning of each month from the previous month.