Maine Medical Cannabis Business & Marijuana Legal News

Maine marijuana regulators try to end seed-to-sale tracking confusion

Maine’s marijuana policy office is seeking to curb confusion about the state’s new track-and-trace system after cannabis business owners complained about the costs of complying with the program. The Maine Office of Marijuana Policy conducted a demonstration of a cloud-based software product provided by Florida-based BioTrackTHC that will use barcode-based tags and labels to track […]

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Maine’s largest medical marijuana firm at heart of business dispute

Maine’s biggest medical cannabis operator is trying to end its relationship with a company behind its fast-growing edibles operation. Wellness Connection, based in Portland, Maine, contends CanWell of Rhode Island is to blame for $14 million in losses caused by low yields from its extraction equipment and processes. CanWell, meanwhile, says the charges were trumped […]

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Rhode Island cannabis company seeks arbitration against Acreage Holdings

Acreage Holdings, one of the largest multistate operators in the U.S. marijuana market, faces a demand for arbitration from a Rhode Island company that claims Acreage violated a contract agreement. CanWell filed an arbitration request alleging that New York-based Acreage breached a noncompete portion of an operating agreement the companies signed in 2018 by pursuing competing […]

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Maine recreational cannabis sales expected next spring

Maine is expected to launch recreational marijuana sales in March now that Gov. Janet Mills has signed a bill containing regulations recently approved by the state’s lawmakers. The law, signed by Mills on Thursday, goes into effect 90 days after the Legislature’s session ended June 20, the Portland Press Herald reported. Under the law, cities and towns […]

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Maine lawmakers OK adult-use cannabis rules, setting stage for 2020 sales

Maine lawmakers approved a regulatory framework that will allow the sale of recreational marijuana as soon as the spring of 2020. The measure approved by lawmakers now goes to Gov. Janet Mills for her expected signature, the Portland Press Herald reported. A spokesman said Friday the governor intends to do so in the coming days. […]

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Maine could ease state residency rules for adult-use marijuana licenses

A legislative committee in Maine approved rules that would relax state residency requirements for companies looking to qualify for recreational marijuana licenses. The move could open up new opportunities for Maine businesses that are interested in adult-use cannabis opportunities but are controlled by out-of-state firms. Here’s what you need to know: The committee’s amended rules […]

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Cannabis firm Acreage, Maine partner might sue over state residency requirements

The largest medical marijuana company in Maine threatened to sue the state if it doesn’t alter course on proposed residency requirements for recreational cannabis business permits. According to the Portland Press Herald, MMJ provider Wellness Connection has financial ties to New York-based multistate operator Acreage Holdings, and the recreational rules as currently written would prohibit […]

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Marijuana Business This Week: MJBizConNEXT sees the future, critical California CBD hearing, Ohio eyes MMJ expansion & more

Here are some notable stories and events in the cannabis industry to watch for in the coming days: WHAT’S NEXT: More than 4,000 attendees and 300 exhibitors are flocking to New Orleans for MJBizConNEXT 2019, where they will contemplate what’s ahead for the ever-changing cannabis and hemp industries. For three days beginning Wednesday at the […]

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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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