Albuquerque’s legacy dispensaries had an overwhelming share of the cannabis marketplace in the fourth quarter of 2022

Billy Giron knew opening a cannabis dispensary in Albuquerque would be difficult.

The Canvas Organics vice president recognized going up against New Mexico’s “legacy” operators would be an uphill battle.

“They had this huge head start on us,” Giron said of the more than 30 legacy companies that operated in the state’s medical cannabis market before the launch of adult-use recreational sales on April 1, 2022.

But rather than be discouraged, Giron approached Canvas Organic’s April opening…
Source: The Business Journal