DISPENSARY NEAR ME NORTH VALLEY - 4TH closes; 12 NM retail licenses deactivated in one day
State license roster shows 12 retailer deactivations on Sept. 12, including DISPENSARY NEAR ME NORTH VALLEY - 4TH, amid stable active retail count.
FILE — closure · Ivan Radic / CC BY 2.0DISPENSARY NEAR ME NORTH VALLEY - 4TH lost its active retailer license on September 12, according to New Mexico's state license roster. The closure is part of a larger single-day batch: 12 retail licenses were deactivated that same date, including operations branded VIREO OF SANTA FE, PURLIFE HOLDINGS (two locations), NORTHERN FARMS LLC, FIRE AND ASH LLC, SCORE 420, PSM LEGACY, GRANDE CULTIVATION COLLECTIVE LLC, HIGH NOTE LLC, HIGH PLAINS CANNABIS, and HIGHER FREQUENCY LLC.
The deactivations occur against a backdrop of relative retail stability. New Mexico's adult-use market maintains 1,006 open retail licenses and reported roughly $47–50 million in monthly sales (July–August 2026), per state data. The regulator has no pending applications, suggesting license churn rather than market contraction.
The cluster deactivation warrants tracking: whether this reflects coordinated compliance enforcement, voluntary surrenders tied to economic factors, or administrative timing remains unclear from the roster alone. Watch for any official statement from the New Mexico regulator on the cause and whether additional waves follow.