From 550 to 633 in dispensaries in NM in 3 months! Closing in on Colorado dispensary counts, per the annual report, even though the NM population (2.11M) is 36% of the size of the population in Colorado (5.84M). I know out of state sales are strong, but the state has to be close to reaching a breaking point.
"As of December 31, 2022, there were 669 recreational cannabis licenses issued in Colorado, up from 651 recreational cannabis licenses issued as of December 31, 2021.
In New Mexico, there were 200 cannabis licenses as of December 31, 2021, which increased to 550 cannabis licenses as of December 31, 2022."
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