Maine

Thu
15
Oct

Maine’s First Weekend Of Legal Cannabis Sales Tops $250K

Officials in Maine reported on Tuesday that licensed retailers sold more than $250,000 worth of cannabis products during the state’s first weekend of legal recreational marijuana sales. The first retail cannabis dispensaries in Maine opened for business on Friday, nearly four years after voters approved recreational marijuana sales for adults in 2016.

Tue
13
Oct

First day of recreational pot sales in Maine yields $9,464 in sales taxes

A half-dozen pot shops reported $94,643.38 in first-day sales on Friday under Maine’s new adult-use marijuana program, resulting in $9,464.34 in sales tax for the state.

The preliminary data were reported Saturday afternoon by David Heidrich, director of engagement and community outreach for the Office of Marijuana Policy. Nine retail stores are now licensed to sell recreational cannabis in Maine, but only six opened Friday because of a shortage of legally tagged, tested and taxed adult-use cannabis.

Mon
12
Oct

Recreational Marijuana Sales Begin In Maine

Legal recreational marijuana sales began in Maine on Friday, nearly four years after voters approved a legalization initiative in 2016. But with only eight licensed dispensaries open for the launch of legal sales and fears of looming product shortages, consumers and business owners alike are unsure what the day will bring.

Voters in Maine legalized the recreational use of marijuana by adults and authorized the commercial production and sale of cannabis by licensed businesses in the autumn of 2016. However, former Republican Gov. Paul LePage thwarted implementation of the measure, leading to years of delay. After two years of legislative rewrites and multiple vetoes by LePage, the Marijuana Legalization finally became law at the end of 2018. 

Fri
09
Oct

Maine adult-use marijuana stores prepare for opening-day crowds despite low supply

Thomas Winstanley remembers the long lines when adult-use marijuana stores opened in Massachusetts just before Thanksgiving 2018.

He would have expected the same when his company’s South Portland store opens Friday, but the coronavirus is adding a twist this year

Theory Wellness will open as one of only eight adult-use retail stores licensed to operate in Maine on the first day of sales. The company has plenty of experience. It is based in Massachusetts, where it has two stores and is about to be approved for its third medical marijuana store.

“I think one of the learnings we have from opening recreational locations in Massachusetts is you never really know what to anticipate,” Winstanley, the marketing director for Theory Wellness, said

Tue
06
Oct

Maine’s Marijuana Market Opening Could Be A Letdown For Many

The long-awaited launch of Maine’s recreational cannabis market will likely fall short of expectations, with some shops unsure if they will even have marijuana to sell, much less the THC-infused food and drinks readily available on the state’s existing medical market.

One state-approved shop said it may skip opening day altogether, its owners unsure whether they will have any products to sell Friday, the state’s first official day of adult-use sales. Retailers blame a licensing backlog for the expected shortages. Regulators agree, but say that’s what happens when you try to launch a new market during a global pandemic.

Fri
02
Oct

The Age of Cannabis Delivery

The timeline of cannabis in America is certainly a tumultuous one. From being spiritually and ritualistically used by Native Americans, to being vilified and criminalized by early 1900’s government officials leading to a 75 year prohibition, to an explosive “war on drugs” that had a choke hold on American culture for over two decades, marijuana and its users have been on a seriously wild ride.

Thu
24
Sep

Are There Any States That Restrict CBD Products?

The most lenient states permit consumers to purchase almost every CBD type irrespective of its source or intended use.

As of 2018, all 50 states have officially legalized the use of hemp-based CBD products. In the United States, governing officials initially classified CBD, hemp, and marijuana as harmful substances. However, recent medical insight encouraged federal authorities to legalize industrial hemp and CBD on a national level.

For routine CBD consumers, legalization may be good news. Though CBD-based products are manufactured and distributed throughout the United States, you’ll need to remember that each state has set its own rules regarding CBD use.

Thu
24
Sep

A cottage industry is growing to support Maine’s new recreational marijuana market

A cadre of lawyers, accountants, insurers and real estate agents expect big returns from the start of adult-use marijuana sales in Maine on Oct. 9 as companies seek professional help to navigate the complicated new market.

While they had previously shied away from touting their “green business” clientele in Maine, those professionals now are openly advertising specialties in the highly regulated recreational marijuana business as it comes with increasing oversight at the state and federal levels.

Fri
18
Sep

Maine hemp producers caught between different state, federal rules

The USDA signed off on an extension of Maine’s fledgling hemp program beyond late October, but state agriculture specialists are at a loss as to how the sector can move forward.

Hemp producers across Maine must adhere to new federal guidelines, which state horticulturalist Gary Fish stresses are written differently from current state rules. Fish said that could be problematic for those who harvest after Oct. 31, the original sunset date for the industry.

Under one new federal rule, a hemp strain’s THC level could determine whether it remains legal.

Fish said everyone in the business will be in for quite a learning experience.

Mon
14
Sep

Maine And Missouri Hemp Plans Get USDA Nod

Maine and Missouri are the latest states to have their hemp plans approved by the U.S Department of Agriculture.

Maine Department of Agriculture, Conservation and Forestry (DACF) Commissioner Amanda Beal welcomed the announcement

“Hemp is becoming an important part of Maine’s agriculture sector,” said Commissioner Beal. “Approval of our hemp production plan means Maine’s growers will have certainty about the expectations and guidelines for hemp cultivation for the coming years.”

Pages

Subscribe to RSS - Maine