By 420 Intel on Wednesday, 09 November 2022
Category: Business & Finance

New Mexico sets record for Recreational Cannabis sales

Recreational cannabis sales in New Mexico surpassed the $25 million mark for the first time in the month of October but medical sales continued a downward trend, leaving overall sales totals flat. 

But medical sales continue to fall.

According to figures posted on the state Cannabis Control Division’s website, total sales in October were $39,745,391.

That was a modest $94,065 increase from September, despite October having five full weekends and finishing on the cannabis-friendly Halloween weekend. 

Meanwhile, medical sales dropped for the third consecutive month, falling below $15 million.

According to the Department of Health, enrollment in the state’s medical cannabis program has dropped by more than 10,000 people since recreational sales began on April 1.

The most recent data available from DOH showed just under 124,000 medical patients were enrolled in the program on September 30.

Rate this article: 
Select ratingGive New Mexico sets record for Recreational Cannabis sales 1/5Give New Mexico sets record for Recreational Cannabis sales 2/5Give New Mexico sets record for Recreational Cannabis sales 3/5Give New Mexico sets record for Recreational Cannabis sales 4/5Give New Mexico sets record for Recreational Cannabis sales 5/5
Authored By: 
The Paper
Article category: 
Marijuana Business News
Regional Marijuana News: 
New Mexico
Original link

Related Posts