SCHWAZZE ANNOUNCES FOURTH QUARTER 2022 & YEAR-END 2022 RESULTS Record 2022 Revenue Increases 47% to $159.4 Million Compared to $108.4 Million in 2021 Company Continues to Grow Positive Cash Flow from Operations in Fourth Quarter and Year-End 2022 Expansion into New Mexico Market as well as Colorado Acquisitions Add... Read more
The proposed legislation “would narrow the definition of ‘safety-sensitive position’” under the state’s medical cannabis law, according to the Santa Fe New Mexican. That provision has precluded first responders and firefighters from entering the New Mexico medical marijuana program, which launched in 2007. “As proposed, the definition would only include... Read more
Regulated sales of cannabis in New Mexico topped more than $40 million for the month of December, with recreational marijuana sales setting a new record of $28 million for the month. Sales of medical marijuana totaled about $15.1 million for the last month of 2022, up from about $14... Read more
Bennabis Health recently announced that its medical cannabis program is now available to patients living in New Mexico. The company has partnered with AltaVida Dispensary, located in Albuquerque, to help aid medical cannabis patients, specifically with workers’ compensation cases involving a patient seeking to use cannabis as medicine for... Read more
Regulated sales of cannabis hit record levels in New Mexico during October, with licensed sales of marijuana totaling nearly $40 million for the month, according to data released last week by the state’s Cannabis Control Division (CCD). October was the fourth straight month of record-breaking weed sales in New... Read more
New Mexico’s recreational cannabis industry is barely six months old, but regulators say there are already more than two dozen businesses that are not in compliance with state rules. Local television station KRQE reported last week that the state’s Cannabis Control Division has conducted 100 inspections since adult-use pot... Read more
New Mexico’s newest industry has many around the state excited for its potential economic impact — from the funding it can provide for things like public education, to the tourism it can drive to the state and even the opportunity it can give to potential business owners. So far,... Read more
State officials in New Mexico announced this week that sales of regulated cannabis topped $40 million in July, setting a new record since legal sales of recreational pot began in the state earlier this year. The Cannabis Control Division of the Regulation and Licensing Department noted the figure tops... Read more
A New Mexico cannabis company and a group of six medical marijuana patients have filed a class-action lawsuit that seeks insurance coverage for medicinal cannabis. The legal action was filed on Friday in Albuquerque state district court, with the plaintiffs arguing that medical cannabis should be covered because it... Read more
