Recommended content

Marijuana sales in New Mexico total $40.2 million in January

New Mexico sales of regulated recreational and medical marijuana totaled $40.2 million in January.

Data from the state cannabis regulator shows that the monthly total includes roughly $26.5 million in adult-use sales and $13.8 million in medical marijuana sales.


New Mexico had 585 total sales outlets as of January, according to the Cannabis Control Division of the New Mexico Regulation & Licensing Department.

January’s sales represent a month-over-month decline of 6.9% from the $43.2 million sales total reported for December 2022.


Average sales per purchase in January totaled:

$42.62 across 620,751 adult-use transactions. $49.83 across 275,983 MMJ transactions.

New Mexico’s adult-use market debuted in April 2022 with expectations of attracting significant numbers of consumers from neighboring Texas.

Read full article on Marijuana Business Daily

Follow us on Instagram or join us on facebook page

Be first to rate

Marijuana Business Daily

More news