September cannabis sales in New Mexico reached $44.3 million, with adult-use accounting for $34.2 billion of the total, according to the state’s Cannabis Control Division.
Adult-use marijuana sales are expected to hit $530 million this year, according to MJBiz FactBook.
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The state is on track to reach a milestone in cannabis sales, with total revenue from medical and adult-use marijuana expected to surpass $2 billion since New Mexico’s recreational program launched in 2022 by the end of the year.
Combined sales have reached $1.9 billion since recreational cannabis was legalized, according to a KRQE News analysis of data from the state’s Cannabis Control Division.
Adult-use cannabis has been the primary driver of the growth, accounting for about $1.3 billion in sales. Medical
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