NMRLD News:
SANTA FE—The Cannabis Control Division of the New Mexico Regulation and Licensing Department (NMRLD) on Tuesday announced that during the month of June, licensed retailers around the state sold nearly $38 million in adult-use and medical cannabis combined.
“One year ago, on June 29th, Governor Lujan Grisham signed legislation that created the Cannabis Regulation Act. As adult-use sales remain steady, this new industry is bringing new economic opportunities for entrepreneurs and communities across New Mexico” said Acting Director Carolina Barrera.
In June, adult-use cannabis again topped $21 million:
The state’s population centers of Albuquerque, Santa Fe, Las Cruces and Rio Rancho saw the highest sales numbers, with Hobbs also posting high sales numbers rounding out the top five cities by total sales.
The New Mexico Taxation and Revenue Department received 124 Cannabis Excise Tax returns reporting a total of $2,518,607 in taxes due for the June filing period, which reflects sales activity in May.
The Cannabis Control Division releases sales numbers monthly, with data being available at the beginning of each month for the month prior.
About New Mexico Regulation and Licensing Department:
The New Mexico Regulation and Licensing Department, which houses the Cannabis Control Division, regulates more than 500,000 individuals and businesses in 35 industries, professions, and trades across the state. Our goal is to assure that New Mexicans receive quality services from qualified individuals and businesses while also ensuring a fair and prompt administrative process. Our priority is your protection.