MjLink

New Mexico Adult-Use Sales Hit $1.96 Million on First Day - MjLink Cannabis Business News and Press

MjLink Cannabis Business News and Press

Cannabis Industry Business Professionals Blogs, Press Releases and News Articles from the best journalist in the industry. Stay updated on all news from many online cannabis news outlets, on MjLink.com

New Mexico Adult-Use Sales Hit $1.96 Million on First Day

Cannabis Business Times Marijuana News Monday, 04 April 2022
1 minute reading time (285 words)
The newest adult-use cannabis retail market is off and running.

New Mexico dispensaries participating during the state’s opening day on April 1 recorded $1.96 million in adult-use sales in 24 hours, according to the state’s Cannabis Control Division (CCD).

With that launch, New Mexico became the 13th state to offer commercial adult-use cannabis sales in the U.S.

RELATED: Ready or Not, New Mexico Adult-Use Sales Coming

R. Greenleaf, a Schwazze subsidiary, made its first adult-use cannabis retail transaction at 12:01 a.m. Friday at its Las Cruces location in the southern part of the state, according to a Schwazze press release. A licensed medical cannabis provider with 10 dispensaries, four cultivation facilities and one manufacturing location in New Mexico, R. Greenleaf is one of many established retailers making the transition to adult use.

Sales continued to take off at 7 a.m. in Santa Fe and at 10 a.m. in Albuquerque. The state’s largest city, Albuquerque officials have already approved 69 locations for licensed retailers to open shop.

By noon, dispensaries had recorded more than $475,000 in adult-use sales, which ended up accounting for roughly 70% of all cannabis sales for the day, ABC-affiliate KOAT reported.

The market momentum carried through the weekend. By noon Sunday, adult-use sales eclipsed the $3-million mark with more than 49,500 transactions, according to CCD.

During that same timeframe, more than $1.4 million of medical cannabis was sold for a combined total of roughly $4.5 million in legal sales, KOAT reported.

The adult sales launch was preceded by expectations of Texas customers providing a retail boost to border towns, as well as concerns by one operator over whether supply can keep up with demand in the early months of the program.

]]>

  • Previous
  • Next

About the author

Cannabis Business Times

Author's recent posts
More posts from author
Monday, 03 November 2025 Closing Farm Bill ‘Loophole’ Would Help Hemp Industry ‘Thrive,’ Minnesota AG Says
Monday, 03 November 2025 Borealis Opens State-of-the-Art Cultivation, Production Facility in Connecticut
Monday, 03 November 2025 InterCure, Cannasoul Partner to Advance Cannabis Science, Pharmaceutical Innovation
Monday, 03 November 2025 Curaleaf Launches 5th Annual 'Feed the Block' Fundraiser to Combat Food Insecurity in US
Monday, 03 November 2025 Planet 13 Divests California Dispensary, Closes Cultivation Facility
Monday, 03 November 2025 Cannabis Consumer Survey Shows Digital Conveniences Driving Purchasing

Related Posts

Closing Farm Bill ‘Loophole’ Would Help Hemp Industry ‘Thrive,’ Minnesota AG Says

Marijuana News

Borealis Opens State-of-the-Art Cultivation, Production Facility in Connecticut

Marijuana News

InterCure, Cannasoul Partner to Advance Cannabis Science, Pharmaceutical Innovation

Marijuana News

Curaleaf Launches 5th Annual 'Feed the Block' Fundraiser to Combat Food Insecurity in US

Marijuana News

Planet 13 Divests California Dispensary, Closes Cultivation Facility

Marijuana News

Cannabis Consumer Survey Shows Digital Conveniences Driving Purchasing

Marijuana News

Copyright ©2026 MjLink


main version