New Mexico marijuana sales are on the rise.

SANTA FE, N.M. (KRQE) – Once again, statewide recreational cannabis sales have passed the previous record. July sales topped out at over $34 million in cannabis purchases.

The numbers come from New Mexico’s Cannabis Control Division. They’ve been tracking sales data since retail sales began in April 2022.

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Since then, the total value of recreational cannabis sold per month has increased by about 50%, the data shows. It hasn’t been a perfectly steady rise, but there has been an upward trend.

While total sales values have increased, the per-purchase amount has not. Customers are spending, on average, around $50 per transaction – that has been true since sales began last year.

SANTA FÉ, N.M.(KRQE). Once again, the statewide cannabis for recreational use has surpassed its previous record. The total sales of recreational cannabis in July topped $34 million.

These numbers are from the New Mexico Cannabis Control Division. Since April 2022, they’ve been tracking data on sales.

The data show that the value of cannabis recreational sold each month has increased about 50% since then. The data shows that although the rise hasn’t always been steady, there is a general upward trend.

The total amount of sales has increased but the average purchase price has not. Since sales began, customers spend, on average around $50 per transaction.

New Mexico marijuana sales are on the rise.

Author: Curtis Segarra

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