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New Mexico Medical Cannabis Industry Surpasses $200M in Patient Sales in 2020


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
New Mexico Medical Cannabis Industry Surpasses $200M in Patient Sales in 2020
Ultra HealthFebruary 8, 2021 GMT
ALBUQUERQUE, N.M., Feb. 08, 2021 (GLOBE NEWSWIRE) Combined patient sales from the 34 licensed producers in New Mexico’s Medical Cannabis Program totaled $203 million in 2020, an increase of $74 million or 57% over reported patient sales in 2019. Ultra Health, New Mexico’s #1 Cannabis Company, led all operators with nearly $40 million in patient sales, 71% greater than its nearest competitor.
Patient enrollment grew by 30% during the same period, from 80,257 patients as of December 31, 2019, to 104,655 patients as of December 31, 2020, according to data published by the New Mexico Department of Health (NMDOH). The 24,398 patient enrollment gain in 2020 was the single largest jump since the inception of the program. ....

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