US (NM): $48M in cannabis purchases in August

New Mexico set a new record for cannabis sales in August, with more than $48 million in combined medical and adult-use cannabis purchases, state data shows.

The New Mexico Regulation & Licensing Department’s (NMRLD) cannabis reporting portal shows $34,707,557 in recreational cannabis sales and $13,525,500 from medical cannabis last month, for a total of $48,233,057. Those numbers come from 1,095,922 cannabis transactions at the state’s 1,021 licensed retailers.

All told patients and adult consumers have made almost $724 million in combined medical and recreational cannabis purchases since each program launched. Gov. Michelle Lujan Grisham (D) touted the industry’s sales figures, as well as the job creation associated with legalization, back in April.

The governor didn’t say whether she participated in the adult-use market in its first year by making any purchases, but she didn’t rule it out last year during a visit to a cannabis retailer on opening day.


Publication date:

Receive the daily newsletter in your email for free | Click here

Other news in this sector:

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.

Click here for a guide on disabling your adblocker.