{"id":56469,"date":"2023-01-10T20:00:01","date_gmt":"2023-01-10T20:00:01","guid":{"rendered":"https:\/\/merryjane.com\/new-mexico-sold-a-record-breaking-dollar43-million-worth-of-legal-weed-in-december\/"},"modified":"2023-01-10T20:00:01","modified_gmt":"2023-01-10T20:00:01","slug":"new-mexico-sold-a-record-breaking-dollar43-million-worth-of-legal-weed-in-december","status":"publish","type":"post","link":"https:\/\/merryjane.com\/news\/new-mexico-sold-a-record-breaking-dollar43-million-worth-of-legal-weed-in-december\/","title":{"rendered":"New Mexico Sold a Record-Breaking $43 Million Worth of Legal Weed in December"},"content":{"rendered":"

December 2022 has proved to be the best month yet<\/u><\/a> for New Mexico’s legal weed industry, as retailers set new records for adult-use and all-time cannabis sales.<\/p>\n

According to new data from the state Cannabis Control Division (CCD), adult-use dispensaries sold more than $28 million worth of product in December, breaking October’s $25 million record<\/u><\/a>. Medical cannabis sales also increased to $15.1 million last month, up from around $14 million in November. The combined monthly total comes out to over $43 million, beating out July’s record of $40 million<\/u><\/a> in total sales.<\/p>\n

“New Mexico really showed up for recreational cannabis markets,\u201d said Trishelle Kirk, CEO of Everest Cannabis Co, to <\/u>KOAT7<\/em><\/u><\/a>. “We’re still seeing people joining the market of recreational cannabis. We doubled in size and added 100 jobs in 2022. We also opened five new stores.\u201d<\/p>\n

\u201cWe saw an enormous amount of expansion in the cannabis industry in 2022,\u201d Kirk added. \u201cNow, the industry is going to mature. We’re going to see prices come down as the market matures and expands. We’re going to see even more customers saying this is a good option for their families.\u201d<\/p>\n

Since legal sales began in April 2022, the Land of Enchantment has made more than $214 million<\/u><\/a> in adult-use sales. Insiders are now confident that the industry will meet its goal of selling $300 million worth of adult-use bud by April of this year. And even though medical sales have been shrinking since the recreational market came online, dispensaries still sold over $144 million of medicine between April and December of 2022.<\/p>\n

\u201cThis is very impressive on a statewide, macro level, but I think what\u2019s more indicative of the early success of this industry is when you look at smaller, rural communities,\u201d said Ben Lewinger, executive director of the New Mexico Cannabis Chamber of Commerce, to the <\/u>Albuquerque Journal<\/em><\/u><\/a>. \u201cPlaces like Alto, Cloudcroft, Raton and Tularosa each boast more than 10,000 total transactions for the month of December. That\u2019s tax revenue for those municipalities and their counties, as well as for the state.\u201d<\/p>\n