New Mexico Cannabis Industry: Who Will Survive?

Lots of people quit their day jobs to go all in with New Mexico’s recreational cannabis industry. More than a year into legalization, cannabis shops already outnumber liquor stores in Albuquerque. Is the grass greener for all these new businesses?  

Chris and Gabby sit down with Pat Davis, Co-Founder of Weeds Cannabis Consulting firm and Albuquerque City Councilor for District 6. Davis explains some of the challenges the industry is facing, how businesses are getting creative, as well as the state’s limited resources to provide checks and balances on the budding industry. Will the market sustain all these new businesses? Who will survive, and who is benefitting?

KRQE Investigative Reporter Ann Pierret recently reported on the potential 'over-saturation' of the market - watch her full report here.

Also, find more of KRQE's coverage on the cannabis industry here. 

We like to hear from our listeners! Send your feedback or story ideas to hosts chris.mckee@krqe.com or gabrielle.burkhart@krqe.com. We're also on Twitter, Facebook, or Instagram at @ChrisMcKeeTV and @gburkNM. For more on this episode and all of our prior episodes, visit our podcast website: KRQE.com/podcasts.