Albuquerque, NM (KKOB) — Governor Lujan Grisham has called the New Mexico cannabis industry passing more than $1 billion worth of medical and recreational revenue, a huge milestone. Adding, nearly two years after beginning sales, New Mexico is on the map as a premier hub for legal and safe cannabis. More than half of the total coming from recreational cannabis. Retailers have sold $678 million worth of recreational products, while medical sales account for $332 million. Albuquerque has seen the most sales, with more than $202 million worth of recreational cannabis sold in the city. The industry has returned more than $75 million in excise taxes back to the state.
