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NM medical cannabis producer reports expansion, growth

An Albuquerque-based cannabis producer said it’s looking to further expand after posting strong revenue numbers for 2019.

PurLife announced revenue of $3.25 million in Q1 on 2019, a 150% year-over-year increase, in a Thursday news release. CEO Darren White attributed a good portion of the growth to PurLife’s acquisition of New Mexico-based MJ Express-O closed in Q4 2018, according to a release. White declined to disclose the price of the acquisition.

“We went from two dispensaries last year to…

Source: The Business Journal

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