re: Recreational Marijuana Sales started today in New Mexico *first weekend revenue numbers p4

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The long-awaited start of retail cannabis sales brought out a lot of New Mexicans over the weekend who were ready to spend millions. From Friday through Sunday, New Mexico cannabis businesses racked up a total of more than $3.5 million in recreational use sales statewide.

Those numbers were reported by the Cannabis Control Division (CCD), which tracks sales across the state. On the first day (Friday, April 1), retailers brought in more than $1.9 million, CCD reports show. Saturday sales topped $1 million. On Sunday, sales of recreational cannabis (what the state calls ‘adult use cannabis’) reached more than half a million dollars.

In total, buyers made nearly 58,000 individual transactions. That puts the average purchase at about $61 per purchase.

“New Mexico’s adult-use cannabis sales on Friday, the first day of sales, were almost double the total sales that Colorado saw on its opening day,” says Heather Brewer, the spokesperson for the CCD. “So these are really tremendous numbers showing tremendous support from New Mexicans.”

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