The Top 3 Cities Leading New Mexico’s Cannabis Market

In celebration of the most recent state to legalize recreational cannabis and quickly launch sales, we’re excited to look at which New Mexican cities brought in the most bucks this past week. 

New Mexico launched legal recreational sales on Friday, April 1. However, before the launch, store owners and cannabis producers expressed their worries regarding a foreseeable cannabis shortage in the state. 

With most issues pointing to late licensing and waiting for approval, there was enough green to go around last Friday. We recently reported that within one day of New Mexico’s legal cannabis sales, it managed to wrangle in a whopping $1.9 million by midnight. 

Now, KRQE News 13 reports that New Mexico’s first weekend selling legal cannabis generated an impressive revenue worth $3.5 million. With this in mind, let’s dive into which cities and communities made the biggest impact. 

The outlet reports that New Mexico made a total of 58,000 adult-use sales over the weekend from April 1 -3. According to the Cannabis Control Divison (CCD), here are the leading cities and communities that splashed the state with some impressive cash flow. 

Top three New Mexican cities and communities;

• Albuquerque: scoring a weekend total of $1.3 million
• Santa Fe: bringing in $316,105
• Las Cruces: reaching slightly under Santa Fe with $309,218

The bottom three cities and communities were Madrid, Cedar Crest, and Alto, which all sold under $5,000. Finally, Roswell made zero sales. 

As mentioned above, one issue cannabis retailers had was getting licensed in time for the launch of legal adult-use cannabis sales. 

According to KRQE News 13, Roswell is likely to have cannabis retailers and storefronts in the coming months, but all its applicants weren’t able to complete the licensing process in time for April 1. 

New Mexican cities and communities still have the chance to “opt-out” of selling cannabis in their jurisdiction, but none have chosen to do so yet.