The governor of New Mexico is marking the one-year anniversary of the state’s adult-use marijuana market, touting its more than $300 million in sales since last April as well as the thousands of jobs the cannabis industry has created.
Gov. Michelle Lujan Grisham (D) said on Monday that sales have been steady throughout the past year, with March’s haul setting the monthly record at $32.3 million in recreational marijuana purchases.
In addition to the $300.1 million year-end sales total for the adult-use market, New Mexico sold about $187.4 million in medical cannabis in the past year for a combined $488.3 million.
“In just one year, hundreds of millions of dollars in economic activity has been generated in communities across the state, the number of businesses continues to increase, and thousands of New Mexicans are employed by this new industry,” the governor said in a press release. “I’m excited to see what the future holds as we continue to develop an innovative and safe adult-use cannabis industry.”
In just one year, adult use cannabis sales have generated $300 million in our state, boosting our economy, generating revenue for local communities, and creating thousands of jobs. This is just the beginning
Read full article on Marijuana Moment