Colorado’s Legal Marijuana Industry Is Creating Economic Growth
July 21, 2016Spike In ER Visits Due To Marijuana Edibles Generates Concern In Colorado
July 25, 2016Colorado’s Legal Marijuana Industry Is Creating Economic Growth
July 21, 2016Spike In ER Visits Due To Marijuana Edibles Generates Concern In Colorado
July 25, 2016
Newly released data from New Mexico reveals rich new insights into dispensary operations in the state.
In the first quarter of 2016, the top 10 dispensaries netted $4.9 million in sales, with a net income of just over $800,000. All but one of the operations had a profitable first quarter, with margins ranging from 10% to 39%.
The gross profits of the top 3 dispensaries comprised 41% of the profits earned by the top 10 dispensaries, and 31% of all the dispensaries which reported earnings in Q1 of 2016.
