Tag: New Mexico
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New Mexico’s Medical Cannabis Patient Base Shrank By 20,000 Over The Last Year
Every state in the U.S. that has legalized cannabis for adult-use first legalized cannabis for medical use, with many of them first permitting medical cannabis sales followed by allowing recreational cannabis sales. Many medical cannabis patients prefer forgoing enrollment in state medical cannabis programs and instead opting to make their purchases from recreational cannabis outlets.…
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U.S. Adult-Use Cannabis Industry Surpasses $20 Billion In Total Tax Revenue
The United States adult-use cannabis industry has generated over $20 billion in total tax revenue since the first legal recreational cannabis purchase was made in Colorado on January 1st, 2014 according to a new report by the Marijuana Policy Project. “Through the first quarter of 2024, states have reported a combined total of more than…
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Are Legal Cannabis Sales Associated With An Increase In Youth Consumption Rates?
A common prediction made by cannabis opponents leading up to the legalization of adult-use cannabis sales in a given jurisdiction involves a potential spike in cannabis consumption rates among young people. However, a team of researchers from the University of Nevada (Reno), the University of New Mexico, and the New Mexico Department of Health recently…