Latest In: Maine

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Maine edges closer to starting $300 million adult-use cannabis market, though opt-outs and license caps linger

Maine is inching toward launching a projected $300 million-a-year recreational marijuana market perhaps by the fall, nearly four…

News July 1
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Week in Review: Acreage cannabis loan’s steep interest rate, Big Tobacco-MJ bankruptcy, Missouri cultivation & more

Cannabis multistate operator Acreage Holdings obtained a $15 million short-term loan with an eye-popping 60% yearly interest rate.…

News June 20
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Acreage subsidiary challenges Maine city’s marijuana residency rule

Maine’s largest medical marijuana company is suing the city of Portland in federal court, claiming that an adult-use…

News June 18
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Week in Review: Dozens of marijuana shops looted, Maine in residency fight, Uruguay steps up cannabis exports & more

Dozens of marijuana shops around the nation were vandalized or looted amid the widespread protests that arose in…

News June 6
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Top executives from marijuana MSOs detail their favorite state cannabis markets and their plans going forward

A few years ago, many marijuana companies wanted to branch out into as many U.S. state markets as…

News June 4
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Maine recreational cannabis businesses sue to retain residency rule

Local marijuana businesses in Maine are suing the state in an effort to force it to enforce a…

News June 2
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Portland, Maine, Maryland

Maine’s largest city OKs adult-use cannabis, caps store licenses at 20

Portland, Maine, has opted into the state’s recreational marijuana industry with plans that call for 20 retail licenses…

News May 20
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Week in Review: US House passes relief bill with cannabis banking, MO permit probe extends, ME lifts residency mandate & more

The U.S. House of Representatives approved legislation allowing banks to serve cannabis companies by wrapping the measure into…

News May 16
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How coronavirus crisis is affecting marijuana launches, licensing in ME, IL, MO

COVID-19 has delayed medical and recreational cannabis launches and licensing rounds around the U.S. in the short term as…

News May 12
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Maine drops adult-use marijuana residency requirement after legal challenge

Maine regulators said they will stop enforcing recreational marijuana residency requirements, a move that came after counsel determined…

News May 12
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