Maine Medical Cannabis Business & Marijuana Legal News

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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Maine medical cannabis industry set to expand if governor doesn’t veto

Legislation that would expand Maine’s medical cannabis industry from eight dispensaries to 14 over the next three years and possibly boost sales significantly is headed to Gov. Paul LePage after lawmaker approval this week. It’s unclear, though, what LePage will do. The governor, a vociferous opponent of legalized marijuana, has 10 days to decide whether to […]

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Maine proposal would give local governments more say over marijuana businesses

A proposed amendment to a sweeping medical marijuana regulatory overhaul in Maine would give local governments much more power over the cannabis industry and may result in widespread closures of caregiver shops that have sprouted up across the state. According to the Portland Press Herald, “dozens” of such caregiver storefronts have opened in municipalities around […]

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Chart: Timeline for launch, projected sales in seven new marijuana markets

More than 60% of the U.S. population now lives in states that have legalized some form of marijuana use and sales, illustrating both the rising acceptance of cannabis nationwide and the industry’s immense potential for future growth. Several medical marijuana and recreational programs have yet to get off the ground, however. Here’s an update on […]

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Week in Review: SBA says no to cannabis, Maine advances rec MJ & Scotts Miracle-Gro shrinks

The U.S. Small Business Administration bars banks from issuing SBA-backed loans to marijuana- and hemp-related companies, Maine lawmakers override a veto of key adult-use legislation, and Scotts Miracle-Gro consolidates its cannabis operations. Here’s a closer look at some notable developments in the cannabis industry over the past week. SBA shuts off the spigot Small businesses […]

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Maine governor vetoes recreational cannabis implementation bill

Maine Gov. Paul LePage on Friday vetoed legislation to implement a voter-approved recreational marijuana industry in the state. It’s the second time the Republican governor has vetoed an implementation bill since voters approved adult-use marijuana in 2016. “It’s disappointing, but he made it clear to the Legislature that if he didn’t get 100% of what […]

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Maine governor pledges veto of new rec cannabis implementation bill

Maine Gov. Paul LePage indicated that he’ll again veto legislation to implement the 2016 voter-approved recreational marijuana industry in his state. According to the Portland Press-Herald, LePage said he’ll strike down the bill – passed by the full Maine Legislature last week – because the measure fails to combine the state’s existing medical marijuana program […]

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