Alamogordo, New Mexico
Cannabis Market Snapshot: What Dispensaries are in Alamogordo, How much have they made, What are they selling, How much are they selling it for?
Detailed Analysis of Cannabis Store Sales in Alamogordo
Top Performers:
Purlife stands out with $8.9M lifetime sales across 30 months of operation. It led the September 2024 market with $140K in sales, though it experienced a slight decline of $8.8K. Despite this, it captured 0.30% of the local market.
Score 420, with $3.86M in lifetime sales, saw a more significant drop in September 2024, losing $19.1K. However, it still maintained a 0.32% market share.
Emerging Competitors:
R. Greenleaf displayed solid growth with $74.7K in September, marking a positive change of $8.2K from August. With a 22-month operational history, it reflects a promising 0.16% market share.
Munchiez Cannabis, a newer contender with 13 months under its belt, reported $81K in September sales, though slightly down by $6.8K from August. Its relatively high 0.17% market share suggests steady customer interest.
Underperformers and Decline:
Lavish Leaf (two locations) reported a combined $50.4K lifetime sales, with only one location active, showing a $2.6K drop in September sales, reflecting a small 0.01% market share.
Grandpas Home Grown Herbs, despite $293.6K in lifetime sales, has seen consistent decline, with a drop of $1.4K in September, signaling weaker customer retention.
Struggling Stores:
Smokey Vibes has ceased operations with minimal sales, and Flowers Flower and Elevation 6420 also remain inactive, posing no threat to competitors.
Oso Cannabis and Pvp reported steep declines, with Oso’s sales dropping by $2.7K and Pvp facing a $32.8K reduction in September, leaving them both with just 0.16% of market share.
Summary of the Local Market:
The market in Alamogordo appears saturated, with top players like Purlife and Score 420 leading, but emerging stores like R. Greenleaf and Munchiez gaining ground. Meanwhile, smaller or inactive stores struggle to compete, showing wide disparity in market share and sales performance.
Who is in Alamogordo; What do they do?
Geographical Landscape
Alamogordo is situated in the Tularosa Basin of the Chihuahuan Desert, bordered by the Sacramento Mountains to the east and the White Sands National Park to the west. This location provides a unique mix of desert and mountainous terrain, offering stunning vistas and a variety of outdoor activities.
Financial Details and Income
Median household income: Approximately $42,000 annually.
Per capita income: Around $22,000.
Poverty rate: Roughly 18%, which is higher than the national average.
Demographics
As of the latest estimates, Alamogordo has a population of approximately 31,000 people. The city has a diverse demographic composition with a mix of different age groups, ethnicities, and cultural backgrounds. Key demographic insights include:
Median age: Around 36 years
Ethnic composition: Predominantly White, with significant Hispanic and Latino populations, along with smaller percentages of African American, Native American, and Asian residents.
Household size: Average household size is about 2.5 individuals.
Industries and Economic Landscape
Alamogordo's economy is supported by several key industries:
Military and Defense: Holloman Air Force Base is a significant employer in the area, providing numerous jobs and contributing substantially to the local economy.
Tourism and Recreation: The proximity to White Sands National Park attracts tourists year-round, boosting local businesses such as hotels, restaurants, and recreational services.
Education: The presence of educational institutions like New Mexico State University-Alamogordo provides jobs and educational opportunities.
Healthcare: Gerald Champion Regional Medical Center and other healthcare facilities are major employers in the city.
Retail and Services: There are numerous retail establishments, service-oriented businesses, and small enterprises catering to both locals and tourists.
Notable Businesses and Establishments
Gerald Champion Regional Medical Center: A key healthcare provider in the region.
New Mexico Museum of Space History: A prominent museum that attracts visitors interested in space and science.
Holloman Air Force Base: A major military installation that significantly impacts the local economy.
Local Retailers and Restaurants: A mix of national chains and local businesses that serve the community and visitors.
Tourism-Related Businesses: Hotels, motels, and recreational service providers benefiting from the proximity to White Sands National Park.
Hotels in Alamogordo
Alamogordo hosts a variety of hotels, catering to different preferences and budgets. There are around 21 hotels in the city, including well-known chains like Hampton Inn, Holiday Inn Express, and Quality Inn, as well as local establishments such as Classic Desert Aire Hotel and White Sands Motel. These hotels offer a range of amenities and are strategically located to provide easy access to local attractions like White Sands National Park and the New Mexico Museum of Space History (Restaurantji) (Tripadvisor).
Restaurants in Alamogordo
Alamogordo has a vibrant dining scene with over 50 restaurants offering diverse cuisines. Popular dining spots include:
CJ's Si Señor Restaurant: Known for its Mexican and Southwestern dishes.
Rockin' BZ Burgers: A favorite for American cuisine and burgers.
D. H. Lescombes Winery & Bistro: Offers a blend of Italian, French, and American dishes.
Hi-D-Ho Drive In: Famous for its classic American fare, including the Tiger Burger.
Pizza Patio 1st Street: A go-to spot for Italian food and pizza (Tripadvisor) (Tripadvisor).
Notable Events in Alamogordo, New Mexico
1. White Sands Balloon Invitational
Date: September 21-22, 2024
Description: This annual event features hot air balloons from across the country. It includes balloon launches, glows, and a variety of vendors and entertainment.
Impact on Business: This event attracts thousands of visitors, providing a significant boost to local hotels, restaurants, and retail businesses (FestivalNet) (City of Alamogordo).
2. Otero County Fair
Date: September 2024 (exact dates TBD)
Description: The fair includes livestock shows, rodeos, a carnival, and various entertainment acts. It showcases local agriculture and crafts.
Impact on Business: The fair draws large crowds, increasing revenue for food vendors, local shops, and accommodations (FestivalNet).
3. Trinity Site Open House
Date: First Saturday in April and third Saturday in October
Description: Visitors can tour the site of the first atomic bomb test. This event is free and open to the public, featuring historical exhibits and guided tours.
Impact on Business: This event draws history enthusiasts from around the world, benefiting local restaurants, hotels, and other tourist-related businesses (Alamogordo Chamber of Commerce).
4. Corks & Shells Wine and Pistachio Festival
Date: October 19, 2024
Description: A celebration of local wines and pistachio products, featuring tastings, live music, and local crafts.
Impact on Business: This inaugural event is expected to boost sales for local wineries, craft vendors, and the hospitality industry by attracting both locals and tourists (City of Alamogordo).
5. Earth Day at Alameda Park Zoo
Date: April 20, 2024
Description: This event features environmental education activities, live music, and various vendors.
Impact on Business: It supports local eco-friendly businesses and increases visitor traffic to the zoo and surrounding areas (City of Alamogordo).
