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Tag: New Mexico Cannabis

MJ Monthly available in NM & OK

Written by texashempreporter on . Posted in Cannabis News.

The Texas Hemp Reporter recently returned from our New Mexico trip to the Lucky Leaf Expo in Albuquerque and we left a few gifts to our fellow neighbors there. MJ Monthly is the Texas Hemp Reporter magazine with a different cover in the Land of Enchantment and now recreational Cannabis.

We often are reporting on activities in both Oklahoma and New Mexico with regards to their growing medical program in OK. as well as the successful recreational market in NM since April 1st 2022. We have been printing our publication in the last 12 months in Sante Fe and this has gained interest with our printing partners there, and they have been asking when we would like to make plans for distribution in New Mexico. So given the history with Chad and his Lucky Leaf Expo’s that we’ve attended , we decided to launch the TX Hemp Reporter sister brand at the Albuquerque event last weekend.

We have partnered with Moo Publishing in New Mexico to handle distribution in Sante Fe , Las Cruces, Albuquerque & El Paso & Tactical Transportation in Oklahoma to handle our distribution in Oklahoma City & Tulsa. Moo recently delivered the current issue to more than 200 cannabis dispensaries and smoke shops around New Mexico. The footprint represents three of the states largest four grossing revenue markets for cannabis sales. We are only missing Hobbs which comes in 4th in New Mexico in gross cannabis sales, likely to its close proximity to neighboring Texas cities like Odessa, Big Spring, Midland and Lubbock.

The advertising pricing is the exact same pricing as the Texas Hemp Reporter Magazine. In fact, for now . . All advertisers are sharing the the same publications real estate, so both Texas , OK, and New Mexico readers will enjoy the same content, news & advertisers for the time being.

MJ Weekly News is a forthcoming podcast / radio show that Patriot Media Group will produce covering cannabis news for the Southwest US cannabis markets. The sister website will also be MJMonthly.com in the coming weeks for the NM & OK reading audience or both sites will mirror each other similarly.

December Cover New Mexico & Oklahoma.

So just to recap, MJ Monthly is also available in New Mexico & Oklahoma & in Texas as “The Texas Hemp Reporter” your neighbor states of Texas also receives MJ monthly and our advertisers and marketing partners benefit from our combined circulation. Since we print in Sante Fe and deliver 1st to New Mexico and then OK & TX every 60 days while each client benefits from the 3 markets circulation.

Expanding to Oklahoma in December of 2022.

We are currently seeking media partners and advertisers to target their products to the hundreds of retailers that will be receiving MJ Monthly in their stores across the state this December. Over 1200 smoke shop retailers in 3 States!! MJ Weekly News Radio Program Coming Soon . . . .

NM cannabis sales hit nearly $10M in a week

Written by texashempreporter on . Posted in Cannabis News.

By Jessica Dyer / Journal Staff Writer
Copyright © 2022 Albuquerque Journal

New Mexico’s recreational cannabis market is blowin’ and goin’.

Adult-use cannabis sales topped $6.1 million statewide during the first week of legal retail sales, regulators announced Friday.

Adding the nearly $3.9 million more in medical cannabis sales brings the total weekly volume to about $10 million.

Officials had projected that legal recreational sales would generate about $300 million annually, which would average out to approximately $5.8 million per week.

“New Mexico was ready for this historic opportunity to end prohibition,” New Mexico Cannabis Control Division Director Kristen Thomson said in a statement. “Whether it’s people moving from the illicit market to the safe, regulated legal market or brand-new customers excited to try high-quality New Mexico products for the first time, New Mexicans supported cannabis businesses in record numbers this week.”

Nearly a third of the first week’s recreational sales – around $2 million – occurred on the first full day of business.

Samantha Zamora of Dulce Cannabis said she’s seen a little bit of everything since the family-run dispensary opened its doors to what she called an “insane line” of customers Friday in Albuquerque. She said her shop was busier than even she expected, and that the clientele has included some reefer rookies.

“We’ve definitely had a handful of people who are trying it for the first time,” she said. “It’s been kind of cool to talk to them about everything.”

And Zamora said her dispensary’s location on Carlisle, just a hop off of Interstate 40, means the customer flow is geographically diverse, with many buyers coming from outside New Mexico’s borders.

“We’ve gotten a lot of people who are just driving through,” she said, noting that they are typically finding her via the “Weedmaps” technology platform.

While Albuquerque – by far New Mexico’s largest city and home to more than a quarter of the state’s population – registered the most sales at $2.4 million in recreational product ($3.8 million overall), officials noted brisk sales in the communities along the Texas border. Hobbs, Sunland Park and Clovis were the fourth-, fifth- and sixth-biggest markets during the first week, according to state numbers.

Statewide sales occurred across 183,911 total transactions between 12 a.m. Friday, April 1, and 11:59 p.m. Thursday, April 7. Of those purchases, 111,021 were for recreational marijuana.

Medical and recreational cannabis sales by city

(Medical sales/Recreational sales)

Albuquerque $1,472,080 / $2,352,825

Las Cruces $335,653 / $530,410

Santa Fe $363,946 / $529,318

Hobbs $98,801 / $338,992

Sunland Park $41,661 / $259,332

Clovis $119,956 / $216,294

Rio Rancho $211,425 / $210,316

Gallup $33,411 / $197,922

Carlsbad $88,352 / $166,697

Ruidoso $82,224 / $150,870

Source: NM Regulation & Licensing Department