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Plant count increases ahead of New Mexico marijuana sales
SANTA FE, N.M. (AP) — New Mexico regulators have doubled the number of marijuana plants that licensed growers can cultivate as the state prepares for recreational sales to start this spring, officials announced Tuesday, Jan. 18.
Increasing the plant count makes sense “to ensure that everyone can maximize the benefits of a thriving cannabis industry,” said state Cannabis Control Division Director Kristen Thomson.
“Equity and fairness are foundational principles of New Mexico’s vision for the state’s cannabis industry,” Thomson said.
It set a deadline of April 1 for recreational sales to begin.
The state has estimated that annual recreational sales could reach $300 million in the first year.