Adam JacksonApril 25, 2023
Schwazze will now own 32 dispensaries between Everest Apothecary and R. Greenleaf.
Tag: New Mexico
Adam JacksonApril 25, 2023
StaffOctober 20, 2022
BGP Acquisition Corp. agreed to acquire Craft 1861 Global.
Adam JacksonAugust 12, 2022
Schwazze (OTCQX: SHWZ) posted positive results on Thursday as the company expands in its quest to become a commanding regional MSO. The Colorado-based seed-to-sale operator — formerly known as Medicine Man Technologies — delivered its second-quarter financial report card ending June 30, 2022. Schwazze delivered approximately $44.3 million in total revenue during the period, a […]
Debra BorchardtJune 2, 2022
The back story of the cannabis concept stock Bright Green (NASDAQ: BGXX) involves a burned-down building, a years-long battle with the state of New Mexico, a bankruptcy case, and an angry former CEO who is accusing the company of fraud. Bright Green recently began trading on the NASDAQ (NDAQ) as a direct listing, not as […]
StaffApril 4, 2022
New Mexico is now the 18th state to legalize the sale of adult-use cannabis and those sales began last Friday. According to television station KOAT, as of noon on Sunday, recreational sales in the state had reached $3 million. Hundreds of residents had lined up at dispensaries to purchase legal recreational cannabis. KOAT said that […]
StaffApril 13, 2021
New Mexico became the 18th state to legalize cannabis for adults 21 and over after Gov. Michelle Lujan Grisham (D) signed the Cannabis Regulation Act (HB 2) into law on Monday. New Mexico is now the fifth state to adopt a legalization policy by passing a bill through its state legislature, joining Illinois, Vermont, New York, and Virginia. Thirteen […]
StaffApril 1, 2021New Mexico is one step away from becoming the 17th state to legalize cannabis for adult use and the fourth state to adopt a legalization policy by passing a bill through its state legislature. The last stop is Democratic Governor Michelle Lujan Grisham’s desk for signing. New Mexico follows New York state, which also took […]
Debra BorchardtJanuary 29, 2019
The New Mexico Medical Cannabis Program racked up $106 million in sales in 2018 for a 23% increase over 2017. Patient enrollment grew by 45% from 2017 to 2018 and now counts 67,574 patients in the system. It’s easy to see an imbalance here. The patient count grew faster than sales. The largest provider in […]
Jack SmithJuly 25, 2018Though marijuana remains illegal in New Mexico for recreational use, the growth seen for medicinal purposes has surged in 2018, surpassing $50 million in sales, due in large part to a huge rise in patient enrollments. According to data compiled by the New Mexico Department of Health (NMDOH), the 35 commercial cannabis producers in the […]
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