Recreational cannabis sales in NM bring in $21.2 million for June - Albuquerque Journal

Recreational cannabis sales in NM bring in $21.2 million for June

Copyright © 2022 Albuquerque Journal

Recreational cannabis sales in New Mexico for June brought in $21.2 million, according to the state Cannabis Control Division.

New Mexico also saw about $16.5 million in medical sales for June, bringing the total cannabis sales for the month to nearly $38 million.

Since cannabis was legalized for recreational sales in New Mexico on April 1, the state has seen more than $64.3 million in recreational sales.

April, the first month recreational cannabis for adult use was legalized, saw about $22 million in sales, with the following month seeing a slight decrease in sales with $21.1 million.

“As adult-use sales remain steady, this new industry is bringing new economic opportunities for entrepreneurs and communities across New Mexico” acting director Carolina Barrera wrote in a statement Tuesday.

As in previous months, Albuquerque led the state in both recreational and medical sales with about $7 million in recreational sales and about $6.7 in medical sales, according to state data released Tuesday.

The amount of tax revenue generated for June was not included in the report; however, the department said the state 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.”

Home » Legislature News » Marijuana » Recreational cannabis sales in NM bring in $21.2 million for June


Albuquerque Journal and its reporters are committed to telling the stories of our community.

• Do you have a question you want someone to try to answer for you? Do you have a bright spot you want to share?
   We want to hear from you. Please email yourstory@abqjournal.com

taboola desktop

1
Election official: Paper shortage won't impact NM ballots
ABQnews Seeker
A global paper shortage has raised ... A global paper shortage has raised concerns around the nation about whether enough ballots can be printed — and obtained in time — to ...
2
Suspect sought after firing gun on ART bus
ABQnews Seeker
in an explosion of smoke and ... in an explosion of smoke and glass — fires into a glass door of the Albuquerque Rapid Transit bus. Security video shows the shooter ...
3
Drunken driver who hit Gallup parade-goers held until trial
ABQnews Seeker
A man charged with driving drunk ... A man charged with driving drunk without a valid license and then barreling into a parade in Gallup will remain jailed until trial. A ...
4
State eases COVID-19 reporting requirements in new health order
ABQnews Seeker
New Mexico's pandemic-related public health order ... New Mexico's pandemic-related public health order was extended Friday by the state's top health official, but only after being amended to remove certain reporting ...
5
APD release IDs, give updates on homicides
ABQnews Seeker
Detectives released the names of three ... Detectives released the names of three women and three men killed in the past month around Albuquerque. Gilbert Gallegos, an Albuquerque police spokesman, said ...
6
Arizona won't wait for feds, starts filling border wall ...
ABQnews Seeker
Arizona began moving in shipping containers ... Arizona began moving in shipping containers to close a 1,000-foot gap in the border wall near the southern Arizona farming community of Yuma on ...
7
City, county detect first West Nile-positive mosquitoes of 2022
ABQnews Seeker
Infected mosquitoes expected to be around ... Infected mosquitoes expected to be around until 'a good, hard frost'
8
Vomiting causes can be elusive
ABQnews Seeker
It’s nobody’s favorite pastime. Sadly, some ... It’s nobody’s favorite pastime. Sadly, some cats retch intermittently throughout their lives
9
Tears of joy fill Isotopes' locker room after Bernard ...
ABQnews Seeker
After more than 1,000 games and ... After more than 1,000 games and a decade in the minors, Wynton Bernard gets his Major League call up to the Colorado Rockies.