Maine Medical Cannabis Business & Marijuana Legal News

Maine grants conditional award to BioTrackTHC for cannabis seed-to-sale tracking

After scrapping its $150,000 contract with Florida-based Franwell’s Metrc in March, Maine’s Office of Marijuana Policy announced it plans to deploy BioTrackTHC’s cloud-based software for the state’s recreational seed-to-sale tracking system. The Bangor Daily News reported the state issued a conditional award to Florida-based Bio-Tech Medical Software, which offers the BioTrackTHC software. BioTrackTHC is a wholly-owned […]

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$420M raise sets US cannabis industry record, Bank of America begins marijuana coverage, MedMen exec turnover & more of the week’s top MJ news

Vaporizer company Pax Labs boasts a record funding raise, Bank of America kicks off coverage of the marijuana sector, more MedMen execs bid the company adieu – plus other important news from around the cannabis industry. Pax sets record for U.S. cannabis firm raise Pax Labs, a San Francisco manufacturer of vape pens, raised $420 million, […]

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Maine draft rules would limit adult-use marijuana business licenses to state residents

Maine’s proposed rules around the sale of recreational cannabis would for the first two years limit licenses to state residents. After the release of the state’s long-awaited draft rules on Monday, regulators asked for comment from the public, which is an opportunity for cannabis business owners to offer feedback. Maine residents voted in favor of […]

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Maine regulators ask second consultant to review adult-use cannabis rules

In the continuing saga surrounding the development of rules for Maine’s recreational marijuana industry, state regulators hired a second consulting firm to aid the process – but they deny the decision is part of a settlement. Here is the situation, according to the Portland Press Herald: Last December, the Maine Department of Administrative and Financial […]

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Maine appoints head of adult-use marijuana program

Maine hired Scott Lever, the state’s deputy commissioner of Health Services, to oversee its recreational cannabis program. In his previous position, Lever was in charge of the Maine Center for Disease Control and Prevention, which once oversaw the state medical marijuana program. In 2017, he testified against a recreational marijuana bill before the legislative committee […]

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ME nixes contract with Metrc, opens bids for marijuana seed-to-sale software

Maine is withdrawing its $150,000 contract with Florida-based Franwell – the maker of cannabis seed-to-sale tracking software Metrc – because the state is concerned the deal could draw a challenge that results in a delay of recreational marijuana sales. The state’s new Office of Marijuana Policy said it now will seek competitive bids for tracking services by […]

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Seed-to-sale problem halts recreational sales at Boston-area marijuana store

A Boston-area marijuana store had to temporarily stop selling adult-use cannabis flower because of an issue with Massachusetts’ seed-to-sale traceability system, Metrc. Alternative Therapies Group (ATG) in Salem halted recreational cannabis sales because the store’s inventory data had become corrupted in Metrc, The Boston Globe reported. It’s unclear when ATG will resume recreational sales. The company announced […]

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Maine chooses Metrc for cannabis seed-to-sale tracking

Maine officials said the state signed a three-year, $150,000 contract with Florida-based Franwell to use its Metrc system to track the growth and distribution of marijuana products. The service will be used initially in Maine’s existing medical cannabis program, regulators said, and eventually in the state’s recreational program, which is in development. Officials from the […]

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Medical cannabis sales in Maine drop for second year in a row

Medical marijuana sales declined in Maine for the second straight year, a decrease that some dispensary owners blame on unfair competition both from the black market and patients growing their own product. According to the Portland Press Herald, tax data shows the state’s eight licensed dispensaries brought in $23.5 million in sales in 2018, down […]

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Maine seeks new consultant to draft adult-use marijuana program’s rules

Maine released a request for proposals this week that said it’s again looking for a consultant to help put a regulatory structure in place for the state’s long-delayed, adult-use cannabis marketplace. Last week, Maine upended the state’s timeline for legal marijuana sales when it withdrew from a contract with Botec  Analysis, a Los Angeles consulting […]

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Maine’s recreational cannabis timeline in flux after consulting firm let go

Maine’s timeline for launching sales of adult-use marijuana is uncertain now that the state has withdrawn from a contract with Botec Analysis, a Los Angeles consulting firm hired to help craft the program’s rules. The renewed uncertainty poses yet more logistical and financial hurdles for marijuana entrepreneurs wanting to capitalize on legalization in the state. […]

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