Despite record milestone, cultivation limits prevent adequate supply and increase costs of medicine for patients
/EIN News/ — ALBUQUERQUE, N.M., Nov. 17, 2020 (GLOBE NEWSWIRE) — Patient enrollment in New Mexico’s Medical Cannabis Program reached 100,021 patients as of October 31, 2020, according to data released by the New Mexico Department of Health (NMDOH). This represents an increase of 21,659 patients or 28% over October 2019 enrollment. Patients choose Ultra Health as their preferred cannabis provider 5 to 1. The operator has 21 locations statewide.
New Mexico currently has a patient penetration rate of 6% of all adults. Enrollment in the program has substantial room to grow, as neighboring Oklahoma has a patient penetration rate of 12% of adults statewide.
Despite reaching a record milestone, New Mexico’s medical cannabis industry continues to struggle to produce adequate supply to meet demand and lower the price of…
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