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New Mexico Achieves Record-Breaking $48 Million in Marijuana Sales in August

MRBNew Mexico Achieves Record-Breaking $48 Million in Marijuana Sales in August

New Mexico has set a new record for marijuana sales in August, with combined purchases of over $48 million from both medical and adult-use cannabis, according to state data. The state’s cannabis reporting portal, run by the New Mexico Regulation & Licensing Department, reported $34,707,557 in recreational marijuana sales and $13,525,500 from medical cannabis in August. These sales figures result from a total of 1,095,922 marijuana transactions at the state’s 1,021 licensed retailers. Since the launch of both programs, patients and adult consumers in New Mexico have made nearly $724 million in combined medical and recreational cannabis purchases.

By FCCT Editorial Team

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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