First adult-use marijuana stores to open April 1 in New Mexico
Written by Redacción Mota Radio on 28 March, 2022
The start of recreational marijuana sales in New Mexico, U.S., is just a short time away, as the first adult-use cannabis stores are expected to open their doors this April 1.
Kristen Thomson, director of the New Mexico Regulation and Licensing Department’s Cannabis Control Division (CCD), said the agency has “no concerns about a lack of product” in the early days of the statewide program.
“We expect that first day to be full of excitement…As with any new device or restaurant or something that opens, some products may run short, but we don’t anticipate a massive shortage of product across the state on opening day,” Thomson told the New Mexican.
Will there be enough marijuana?
With the launch of recreational sales just days away, cannabis industry experts are wondering if there will be enough cannabis supplies for consumers and medical patients, High Times reviewed.
A few days ago, the CCD announced that licensed cannabis growers have entered 1,013,178 mature plants into a state tracking system. This figure is more than double the number of plants state officials believe they will need to satisfy the state’s 132,000 registered medical cannabis patients and recreational customers. However, there are cannabis industry representatives who question the number of plants in cultivation reported by state officials.
Duke Rodriguez, president, and CEO of New Mexico Top Organics-Ultra Health told Santa Fe New Mexican that the number is “impossible,” claiming that it would take “soccer field after soccer field” of land to grow that many marijuana plants, the aforementioned media outlet reported.
On the other hand, as reviewed by Cannabisn24, Josh Foley, manager of a Pecos Valley production dispensary, told the New Mexican that he thought a shortage could occur in a few months, however, he assured that to get through “the first few months,” his company is trying to stockpile at least $500,000 in the product.
Brian Vicente, the founding partner of cannabis law firm Vicente Sederberg LLP, said in an email to High Times, that the governor and regulators have shown great interest in helping this growing industry. “When a new state begins recreational sales, it is common to experience fluctuations in cannabis supply as this new market settles in.”