Recreational cannabis consumers bought just over $300 million in pot in New Mexico since sales without a prescription were legalized a year ago, the state cannabis control division said Monday.
New Mexico legalized recreational marijuana on April 1, 2022, and brought sales to the doorstep of Texas, the largest prohibition state.
In New Mexico, marijuana entrepreneurs have launched hundreds of retail outlets, farms and industrial kitchens for manufacturing cannabis products, including edible candies. There are now 633 registered cannabis retailers across the state of 2.1 million residents. Cannabis retailers and dispensaries near Texas accounted for an outsized portion of sales. More than $19 million in recreational marijuana was sold through licensed businesses in Sunland Park, on the outskirts of El Paso, Texas. The town of fewer than 20,000 residents also flanks the U.S. border with Mexico.
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