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Sunday, October 30, 2022 9:11:19 AM
https://www.abqjournal.com/2540437/supply-meets-demand.html
Legacy growers, new growers
Many legacy operators — those who operated in the medical cannabis industry prior to April this year — supply their own shelves. That includes places like Ultra Health, Pecos Valley Production and R. Greenleaf.
R. Greenleaf, which was acquired by Colorado-based company Schwazze earlier this year, has a full grow operation in Albuquerque that allows it to grow 20,000 plants, said Schwazze New Mexico Division Director Steve Pear. Pear said the company has been self-sustained on its own cannabis — both before recreational sales began and now.
The company did buy from the wholesale market before April to make sure they had enough cannabis to serve eager customers, but that was just for good measure.
R. Greenleaf is in the process of completing a new grow facility in Albuquerque to accommodate its expansion. The new facility, which is 40,000 square feet, is about halfway complete — and it includes six grow rooms equipped with state-of-the-art equipment.
The company has or plans on opening stores in Albuquerque, Los Lunas, Clovis and Ruidoso, Pear said. He’s confident the company will be at 17 retail locations by the end of the year and at 25 by next September. With the new grow, supply doesn’t seem to be an issue.
“We have had zero issues on the supply side from the flower perspective,” Pear said. “We have had to buy some trim on the market over the last, you know, four or five months but that will become less and less of a need as we build up our capacity. … We’ve been pretty self-sustained and that’s part of why our model works so well is (because) we’re able to take care of our own stores.”
Handcrafted cannabis investments
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