New Mexico retail license for CHADCOR HOLDINGS NM deactivated on Joe Harvey Blvd
CHADCOR HOLDINGS NM's Joe Harvey Blvd retail license is no longer active, part of a larger wave of closures across New Mexico's market.
FILE — closure · Ivan Radic / CC BY 2.0CHADCOR HOLDINGS NM's retail license on Joe Harvey Boulevard has been deactivated, according to New Mexico's state license roster. The closure was recorded on September 12, matching a broader wave of retail license deactivations across the state on the same date—at least 11 other retail and retailer licenses lost active status that day, spanning operators including Vireo of Santa Fe, Purlife Holdings LLC, and Score 420.
New Mexico's adult-use market remains substantial in scale, with 1,006 active retail licenses and 1,075 cultivation licenses as of late September. August monthly sales data shows the state generating roughly $48–$51 million across tracked periods, though granular attribution to specific closures is not available from current figures.
The cluster of simultaneous deactivations on September 12 suggests a possible compliance sweep or batch license review by the regulator, though no official statement has been issued. Monitoring whether additional closures follow or whether the state issues guidance on closure drivers will be key to understanding the scope of this action.