In June 2024, CloudBox initiated a limited pre-sale across the Albuquerque area, setting aside 300 units to test market viability and gauge local interest. The response was overwhelming—our initial inventory sold out within just two days, far exceeding our expectations. Encouraged by this success, we are excited to announce the launch of our Phase II sales campaign, expanding our reach across the entire state of New Mexico.
What’s New in Phase II?
With the insights gained from the pre-sale phase, the CloudBox sales team is well-prepared to take this next step. As we expand the campaign to encompass the entire state, our strategy is built on a deep understanding of New Mexico’s diverse market landscape. In Phase II, we are committed to nurturing the relationships we've established while broadening our network to engage with more cannabis professionals throughout the state.
Our Goals and Expectations
While our immediate objective is to maximize unit sales, our broader goal is to establish a strong presence in New Mexico's key markets by the end of 2024. We aim to solidify our footprint in Albuquerque/Rio Rancho, Santa Fe, Las Cruces, Roswell, and Farmington—areas that collectively account for nearly a million people. Each of these markets presents unique opportunities, and we are tailoring our approach to ensure that we meet the specific needs and preferences of consumers in each region.
Building on Success
As we move forward with the statewide campaign, we are leveraging the lessons learned from our initial pre-sale to refine our strategies and overcome any challenges that may arise. Our team is focused on creating value for our customers and partners, and we are committed to delivering exceptional service and innovative solutions that enhance their experience with CloudBox.
Looking Ahead
We believe that Phase II represents an exciting opportunity for CloudBox to become a key player in New Mexico's cannabis industry. By expanding our reach and strengthening our relationships within these pivotal markets, we are confident that we will achieve our goal of becoming the preferred choice for cannabis professionals throughout the state. We look forward to building on our early success and continuing to grow alongside the dynamic communities of New Mexico.
Stay tuned for more updates as CloudBox continues to innovate, expand, and redefine the cannabis market in New Mexico.
