New Mexico adult-use hashish gross sales remained regular in June, totaling $21.2 million, in accordance with Hashish Management Division (CCD) information outlined by KRQE. In Could, the company reported $21.1 million in gross sales, down about $1 million from the earlier – and first – month of gross sales.
Albuquerque, once more, led the state in gross sales with $7 million whereas Hobbs and Sunland Park – cities close to the Texas border – continued to see greater than $1 million in gross sales final month.
Sunland Park final week authorised permitting drive-thru gross sales and letting new hashish companies open 200 ft away from faculties and daycares however rejected a plan for around-the-clock gross sales, in accordance with Border Report.
Santa Fe had the second most gross sales within the state with $1.7 million, adopted by Las Cruces with $1.6 million in gross sales.
In Could, the state noticed greater than $2.5 million in income from hashish taxes; June taxes shall be reported subsequent month. In February, the state Supreme Court docket dominated that medical hashish merchandise might not be taxed and that the between $25 million and $30 million in gross receipts taxes it had collected would have to be refunded to the businesses they collected the taxes from.
Non-medical hashish gross sales in New Mexico carry a 12% excise tax along with the gross receipts tax that companies are required to pay. In April, 114 retailers filed tax returns, paying $2,422,678 in excise tax and $1,635,243 in gross receipts tax.
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