NM cannabis company to donate part of May profits to wildfire evacuees - Albuquerque Journal

NM cannabis company to donate part of May profits to wildfire evacuees

One New Mexico cannabis company is looking to help out wildfire evacuees in northern New Mexico.

Seven Point Farms — a legacy operator with retail locations in Albuquerque, Cedar Crest and Socorro — plans to donate 50% of its May profit from its Albuquerque dispensary to the Las Vegas Community Foundation, with a focus on those affected by the Hermits Peak/Calf Canyon Fire. The company will also donate 10% of profit to wildfire evacuees from its Socorro and Cedar Crest dispensaries as well.

bright spot logo“It was kind of a no brainer,” Seven Point Farms executive director Robert Jackson told the Journal. “We’re in a really good place and Seven Point Farms is really passionate about being part of the community.”

Jackson said many board members have been “directly affected” by the fires ripping across New Mexico and that it played a part in the company deciding to donate some of its revenue.

But Jackson said helping people out isn’t new for Seven Point Farms. The company also works with the Last Prisoner Project, which is dedicated to cannabis criminal justice reform, and the Bosque del Apache National Wildlife Refuge in New Mexico.

Jackson said he encourages other cannabis businesses to get in on helping New Mexicans out who have been displaced by the fires.

“People are losing their homes,” Jackson said. “And if we can help them get their footing, that would be a great thing. I think that this (is a) helpful thing to do in this time.”

Editor’s note: An earlier version of this story included an incorrect description of the amount Seven Point Farms plans to donate to benefit people displaced by wildfire. The company plans to donate half its profit in May. The story has been updated.

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