New Mexico cannabis industry divided over market saturation fears – Albuquerque Journal

City of Albuquerque spokeswoman Maia Rodriguez, meanwhile, says legacy operators account for 48 storefronts in the city after checking data from the state’s Department of Health.

Using data from the state’s licensing portal and accounting for legacy operators with retail locations across New Mexico, Ultra Health estimates that around 311 retail stores are currently licensed in the state.

Giron, who also opened CBD Boutique in 2015, said he and his business partner were approved for a retail license that will allow them to operate six locations across the Albuquerque area.

Fortunately for Giron, Canvas Organics was able to find a supplier for cannabis products and will have a supply ready for when sales begin.

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