New Mexico in July reached more than $40 million in cannabis sales, according to the Cannabis Control Division of the Regulation and Licensing Department.
The agency pointed out Thursday that since the approval of recreational pot in April, the sales numbers have consistently increased.
Recreational sales for the month topped $23 million, while medical sales hit $16,813 million.
Rio Rancho recreational sales weighed in at $742,725. Medical sales were at $873,861.
Total sales hit $1.6 million.
Albuquerque had the highest pot sales of $14.5 million.
Gov. Michelle Lujan-Grisham said: “This is only the beginning.”
“We’ve established a new industry that is already generating millions of dollars in local and state revenue and will continue to generate millions more in economic activity across the state,” she said.
The industry also will create thousands of jobs, she said.
Original source found here.
NM Pot Sales Reaches New High of More Than $40 Million
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