Recreational cannabis could sell out on the first day of sales in New Mexico

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Commercial sales of recreational cannabis are slated to begin on April 1, 2022 at the latest. “We have been fortunate to speak to other states that have already introduced adult cannabis to see what works and what doesn’t. and. What we learned is that probably every state ran out of cannabis on the first day, ”said John Blair, assistant superintendent of the New Mexico regulator. The reason lies in a phenomenon called the “Krispy Kreme” effect. “When a new restaurant comes to Santa Fe or Albuquerque or Las Cruces, it’s the new hot thing. Everyone wants to try the new margarita, get the new tacos, ”Blair said. This may be a problem for medical marijuana users in need of their medication, but Blair said it shouldn’t be a problem. “Provisions have been made in the bill to ensure that the department, the cannabis control department, can control and ensure that each company grows, sells and manufactures a certain percentage of cannabis in order to maintain the strength and integrity of the medical cannabis industry,” Blair said called. Blair said the hype surrounding buying recreational grass will eventually subside, but if it doesn’t, the state will reevaluate how much crops are being grown. “Every year, every September, do we have to submit a report to lawmakers with data to show that we have enough cannabis? Should we grow more, should we grow less? and how do we ensure the integrity of both the adult cannabis industry and the medical cannabis industry, ”said Blair. The current draft regulation allows growers to grow up to 8,000 plants at a time. Daily says the department hopes to finalize that figure next week. The producers can then apply for a license.

Commercial sales of recreational cannabis are slated to begin on April 1, 2022 at the latest.

“We were fortunate to speak to other states that have already introduced adult cannabis to see what worked and what didn’t. and. What we learned is that probably every state ran out of cannabis on the first day, ”said John Blair, assistant superintendent of the New Mexico regulator.

The reason lies in a phenomenon called the “Krispy Kreme” effect.

“When a new restaurant comes to Santa Fe or Albuquerque or Las Cruces, it’s the new hot thing. Everyone wants to try the new margarita, get the new tacos, ”Blair said.

This may be a problem for medical marijuana users in need of their medication, but Blair said it shouldn’t be a problem.

“Provisions have been made in the bill to ensure that the department, the cannabis control department, can control and ensure that each company grows, sells and manufactures a certain percentage of cannabis in order to maintain the strength and integrity of the medical cannabis industry,” Blair said called.

Blair said the hype surrounding buying recreational grass will eventually subside, but if it doesn’t, the state will reevaluate how much crops are being grown.

“Every year, every September, do we have to submit a report to lawmakers with data to show that we have enough cannabis? Should we grow more, should we grow less? and how do we ensure the integrity of both the adult cannabis industry and the medical cannabis industry, ”said Blair.

The current draft regulation allows growers to grow up to 8,000 plants at a time.

Daily says the department hopes to finalize that figure next week.

The producers can then apply for a license.