“I’m glad it finally is legal for everybody 21 and older to use it,” said Torres.
Statewide, there have been almost $10 million in cannabis sales in the first week of April, with $3.9 million in medical sales and $6.1 million in recreational cannabis sales.
He predicts sales will dip when the school year ends and college students return home for the summer but believes they’ll go back up in the fall.
After plants are harvested, they still have to be cured for 10 days and sent to labs for testing.
There aren’t many wholesalers to source flowers from if the dispensary is running low on something, said Torres, as most growers are already attached to a dispensary.
At a March 7 meeting, the Council approved a business registration for a cannabis cultivation, packaging and retail store, Peak Harvest Cannabis New Mexico LLC, which will be located in buildings from 101 to 107 Manzanares Ave.
In an April 4 meeting, the Council approved the business registration for Caskcara, to grow, manufacture and sell cannabis at 1231 NW Frontage Road.