New Mexico’s legal marijuana retailers sold more than $47 million of combined adult-use and medical marijuana products in September, according to new data from the New Mexico Regulation & Licensing Department (RLD). While that marks a slight decline from the state’s $48 million monthly sales record set in August, the state has now reached the benchmark of half a billion dollars of recreational marijuana products being purchased since sales launched in April of last year.
Since then, sales of adult-use marijuana have been generally increasing, while medical cannabis sales have been trending downward.
New Mexico Regulation and Licensing Department
State officials updated sales data on Monday following an inquiry from Marijuana Moment about apparent discrepancies in numbers that were posted on the agency’s website. A spokesperson for RLD said in an email that the state’s seed-to-sale tracking program “reported a logic error in past sales data reports so we’ve reuploaded all information from April 2022-September 2023.”
All told, sales of adult-use cannabis products in New Mexico have now exceeded half a billion dollars ($501,863,156.00) since the launch of the legal market, according to the updated data. Including medical cannabis sales since April 2022, the overall total is $772.2 million.
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