Who will survive the New Mexico cannabis industry’s competition?

An in-depth discussion about the current market for Cannabis in New Mexico

ALBUQUERQUE, N.M. (KRQE) – Lots of people quit their day jobs to go all in with New Mexico’s recreational cannabis industry. More than a year since legalization, cannabis shops already outnumber liquor stores in Albuquerque. Is the grass greener for all these new businesses?  

This week on the New Mexico News Podcast, Chris and Gabby sit down with Pat Davis, Co-Founder of Weeds Cannabis Consulting firm and Albuquerque City Councilor for District 6. Davis explains some of the challenges the industry is facing, how businesses are getting creative, as well as the state’s limited resources to provide checks and balances on the budding industry. Will the market sustain all these new businesses?

Who will survive, and who is benefitting?

KRQE Investigative Reporter Ann Pierret recently reported on the potential ‘over-saturation’ of the market – watch her full report here. Also, find more of KRQE’s coverage of the cannabis industry here.

Story continues below:

Download new episodes of the New Mexico News Podcast every Tuesday, starting around 5:30 a.m., Mountain time. Episodes are available on most podcast platforms including Apple Podcasts, Spotify, Google Podcasts, Stitcher, and Podbean among others.

Having trouble finding the show? Try searching your favorite podcast player with the term “KRQE” or “New Mexico News Podcast” (without the quotes). You can also use the links above to find the podcast on each respective service or listen to the audio player at the top of this post.

If you have a question, comment, or suggestion as to who should be interviewed on the podcast, let us know! Email the hosts at chris.mckee@krqe.com or gabrielle.burkhart@krqe.com.