Maine Medical Cannabis Business & Marijuana Legal News

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, a Los Angeles consulting firm […]

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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Maine’s timeline for launching sales of adult-use marijuana is uncertain now that the state has withdrawn from a contract with BOTEC, a Los Angeles consulting firm hired to help craft the program’s rules.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. Maine […]

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New law in Maine expands medical cannabis businesses’ options

Maine cannabis companies hope a new law that allows medical marijuana firms to sell MMJ to one another will help the state’s industry by opening new opportunities to do business. Here are the basics: The law, which went into effect last week, allows businesses to sell up to 30% of their harvest or inventory, the Portland Press […]

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Maine’s first medical marijuana convenience store opens for business

What is believed to be Maine’s first medical cannabis convenience store is scheduled to open in Portland this week. Atlantic Farms Gas N’ Grass says it will sell cannabis-infused gummies, tinctures and smokable marijuana on Thursday, the first day Maine’s new sweeping medical marijuana law takes effect. Gas N’ Grass isn’t the first or only […]

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Maine extends deadline for marijuana rulemaking consultants to apply

Consultants seeking to guide Maine state agencies as they craft adult-use cannabis regulations and review the medical marijuana program now have until Nov. 8 to turn in their applications. The previous deadline was Nov. 1 Mainers in 2016 voted to allow adult-use possession and retail sales of marijuana. But sales won’t become legal until agencies […]

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Maine seeks cannabis consultant to advise on recreational, medical rules

Maine put out feelers this week for a marijuana consultant to write regulations to launch the state’s recreational marijuana market and implement a new law governing medical cannabis. The state Department of Administrative and Financial Services issued a request for proposals for a cannabis consultant to draft regulations to license and regulate rec MJ businesses, the […]

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Canadian company cancels $8.3 million deal to buy Maine marijuana grow operation

Canada-based C21 Investments has nixed a deal to spend up to $8.3 million for a cultivation operation in Maine that subsequently was linked to an alleged black-market grow. The Bangor Daily News reported Tuesday the cancellation of the deal, which C21 had disclosed June 28 in a news release. C21, which has made a flurry […]

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Week in Review: San Diego cannabis lawyer off the hook, VT targets gifting & Sweet Leaf reprieve

San Diego’s district attorney agrees to drop felony charges against a marijuana attorney, Vermont cracks down on “gifting” adult-use MJ, and Sweet Leaf wins a temporary reprieve from destroying $7.5 million worth of cannabis.

Here’s a closer look at some notable developments in the cannabis industry over the past week.

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State marijuana reforms could spark tens of millions of dollars in business opportunities

Pro-cannabis legislative reform has advanced in a number of states in 2018, with major business developments occurring in Florida, Pennsylvania, New Jersey and other markets. The legislative changes and resulting program expansions could potentially boost medical marijuana sales by tens of millions of dollars a year, providing a shot in the arm to MMJ retailers, […]

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Week in Review: Good news for Michigan medical marijuana, Oklahoma market narrows & Maine veto override

The Michigan medical marijuana industry sees an expansion of qualifying conditions and new licenses, Oklahoma adopts emergency medical cannabis rules, and Maine’s MMJ market opens up in new ways. Here’s a closer look at some notable developments in the cannabis industry over the past week. Kick the can? The Michigan medical marijuana industry got a double […]

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