Recreational cannabis sales skyrocket in New Mexico

41 Views   Despite rise in sales, oversaturation is a cause of concern for some. ALBUQUERQUE, N.M. — Recreational cannabis sales continue to rise in New Mexico. Jessie Hunt, spokesperson for Schwazze said it’s been a boost for the economy.

Recreational marijuana sales up during Balloon Fiesta

85 Views   “We’re pleased with it. We’re having to do a little bit more inventory runs so we can keep the stores stocked,” Indy White, owner of Pur Life, said. ALBUQUERQUE, N.M. — The Albuquerque International Balloon Fiesta often draws in tens of thousands of crowds, but this year, balloons aren’t

New Mexico cannabis sales bring in $40 million in August

91 Views   SANTA FE, N.M. — Cannabis sales in New Mexico topped $40 million in August. The state’s Cannabis Control Division said the highest sales numbers came from the state’s highest population centers and areas near the state’s border.

Legal cannabis lowers Big Pharma’s stock market value

93 Views   UNM researcher studies cannabis’ economic impact With recreational and medicinal cannabis now becoming legal in many states, the newly formed legal cannabis industry is showing an effect on many pharmaceutical firms’ stock market value.

Class-action lawsuit filed over medical cannabis

294 Views   New Mexico Top Organics-Ultra Health along with six medical patients have filed a class-action lawsuit against seven insurers in New Mexico. The lawsuit was filed for a failure to cover medical cannabis costs. The lawsuit seeks, “a determination that medical cannabis is a health care service for treatment of

2 New Mexico tribes closer to recreational cannabis sales

353 Views   SANTA FE, N.M. (AP) — Two New Mexico tribes have signed an agreement with state officials recognizing the tribe’s authority to collect taxes on sales of cannabis products. The move announced by state officials Thursday after it was signed last week further formalizes potential involvement in the cannabis

Many UNM students benefit from legalized cannabis usage

371 Views   War on drugs’ lasting effects on misinformation about weed Since cannabis was legalized recreationally last summer in New Mexico, University of New Mexico students have been able to legally partake in the drug, so long as they’re over 21. After recreational sales started on Friday, April 1, many