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Another Record-Breaking Month For New Mexico's Cannabis Industry, Here's How Much Retailers Garnered In March
Wednesday, April 3, 2024 - 2:30pm | 570Following a record-breaking first full year of cannabis sales in New Mexico where figures surpassed half a billion dollars, retailers statewide seem to be having their hands full, in a good way, in 2024. March hit a new monthly record of $52.5 million in combined cannabis sales, including a record...
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Marijuana Possession Limits Doubled In Nevada, Crowded Weed Market In New Mexico And More Pot Reg Updates
Friday, June 30, 2023 - 1:02pm | 753Arizona Shoppers Increase Marijuana Spending In March, Arizona recreational cannabis sales surpassed the nine-figure mark for the first time since the marijuana market kicked off in 2021, reaching $100.7 million, reported Green Market Report citing the Department of Revenue's data. Medical...
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Why Are Some Low-Level Cannabis Offense Not Benefitting From NM's Automatic Expungement? It's Complicated
Tuesday, May 9, 2023 - 11:36am | 501New Mexico Governor Michelle Lujan Grisham signed a bill into law in 2021 that automatically cleared the public records of certain low-level cannabis offenders. This does not include convictions for trafficking or possession of large amounts of marijuana – more than 2 ounces, which...
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Bright Green Plans To Raise $500M Under EB-5 Capital Program
Wednesday, February 1, 2023 - 11:29am | 568Bright Green Corporation (NASDAQ: BGXX) has commenced utilization of the U.S. Citizenship and Immigration Services’ (“USCIS”) EB-5 Program to accelerate its 2023 growth strategy and generate significant capital for use in its greenhouse construction and operations in Grants, New...
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These States Ended 2022 With Strong Marijuana Sales, Retailers Sold Billions In Cannabis
Friday, January 6, 2023 - 1:36pm | 764MA Marijuana Sales Surpass $1.4B in 2022, New Board To Oversee Funding For Cannabis Equity Applicants Over the past year, Massachusetts recreational sales totaled $1.42 billion, according to a report from the state's Cannabis Control Commission. July sales were the highest, amounting...
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New Mexico Cannabis Sales Hold Steady In August As Marijuana Use Becomes More Widespread
Thursday, September 8, 2022 - 8:54am | 443New Mexico's total cannabis sales surpassed $40 million in August, for the second time since the launch of the recreational cannabis market in April, reported Albuquerque Journal. The Land of Enchantment legalized adult-use cannabis after Gov. Michelle Lujan Grisham signed the Cannabis...
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New Mexico Marijuana Equity Experts Push For Co-Op Licenses, 1000 Cannabis Licenses Approved In First Year Of Rec Market
Wednesday, August 24, 2022 - 10:12am | 457New Mexico legalized recreational marijuana last year after Gov. Michelle Lujan Grisham signed the Cannabis Regulation Act. The law took effect in short order, allowing adults to legally possess, use and grow recreational cannabis including six plants or 12 in a household with more than...
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Item 9 Labs Expands Footprint Through Growth Of Unity Rd. Cannabis Dispensary Franchise
Wednesday, May 4, 2022 - 12:56pm | 673Item 9 Labs Corp. (OTCQX: INLB) announced the accelerated growth of its dispensary franchise model, Unity Rd. across the U.S. with successful expansion into multiple new markets over the past two months. The company has two dispensaries open in Colorado and Oklahoma with development across another...
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New Mexico's Tribal Nations Enter Marijuana Market, Lawmakers Urge Biden's AG To Respect Their Policies
Tuesday, March 29, 2022 - 2:24pm | 665As New Mexico heats up for the launch of recreational cannabis sales this week, two tribal communities are looking to join the burgeoning industry. The Pueblos of Picuris and Pojoaque, two of the 23 tribal nations in the state, inked an intergovernmental agreement with the Land of Enchantment, thus...
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New Mexico: Moldy Medical Cannabis Products Face Recall, Here's What Customers Need To Know
Monday, March 28, 2022 - 9:23am | 606A local medical cannabis company in New Mexico is facing a product recall as per an order from the state Cannabis Control Division (CCD), which found higher than acceptable amounts of mold in Sacred Garden's cannabis flower, pre-rolls, and food products reported Albuquerque Journal. The...
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Simplifya Introduces Compliance Solutions For Cannabis Businesses In New Mexico Ahead Of Adult-Use Sales Launch
Tuesday, March 8, 2022 - 9:57am | 551Simplifya, a regulatory and operational compliance software platform serving the cannabis industry, is launching its comprehensive suite of compliance solutions in New Mexico, expanding the company’s reach to 24 states. The suite of services available includes Simplifya Standard Operating...
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Cannabis Regulatory Update: Hawaii, Louisiana, Nebraska, New Mexico, South Carolina
Thursday, April 1, 2021 - 4:25pm | 655Hawaii House Approves Proposal For Cannabis Exemption From DEA Hawaii lawmakers approved Wednesday a proposal that seeks an exemption from Drug Enforcement Administration (DEA) regulations, asking that the state is allowed to manage its medical cannabis program without federal involvement,...
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Cannabis Regulatory Update: Kansas, New Mexico, Ohio, Rhode Island, South Dakota
Tuesday, March 30, 2021 - 3:41pm | 842Kansas House Passes Medical Cannabis Legalization Bill, Sends It For A Floor Vote After many meetings held to review a plethora of amendments to a medical cannabis legalization bill, a Kansas House Committee passed the overall measure on Monday in a 13 to 8 vote, writes Marijuana Moment. After the...
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Cannabis Regulatory Update: New Mexico, New York, Rhode Island, Virginia,
Monday, March 22, 2021 - 1:39pm | 1105New Mexico: Adult-Use Legalization Bill Fails To Pass, But May Reach A Special Session Senate Judiciary Committee voted in favor of a motion to legalize cannabis in New Mexico. The expected Senate floor vote, however, was postponed past the Saturday noon deadline and...
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Analysis: Are State-Run Cannabis Sales 'The Smart Way'?
Wednesday, March 6, 2019 - 9:30am | 913New Mexico's medical cannabis market finished 2018 with $106 million in sales across 35 licensed producers in the state. This represents a $19.6-million increase from the prior year. After years of serving cannabis patients, an expansion to recreational use may soon occur. New Mexico...