Combined sales of legal medical and recreational marijuana in New Mexico have set a record, surpassing $1 billion less than two years after the state launched its adult-use market.
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The latest sales data from the New Mexico Regulation & Licensing Department (NMRLD) shows cumulative sales worth $1.01 billion since the state’s recreational cannabis market launched in April 2022, including:
$678.5 million in adult-use sales across 15.7 million transactions. $331.6 million in MMJ sales across 6.5 million transactions.
The sales record includes the latest monthly cannabis transaction data from the NMRLD.
In February, the government agency tracked $35.7 million worth of adult-use sales and $12.3 million in medical sales.
The NMRLD reported 1,050 total retail cannabis outlets in New Mexico as
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