News Categories
Maine Medical Cannabis Sales Total $16.2M
March 2, 2015
Dispensaries in Maine sold an estimated $16.2 million worth of medical cannabis last year, while the state collected around $900,000 in taxes on those transactions, according to the latest figures.
The tax haul was about 40% more than 2013, according to the Portland Press Herald, meaning sales rose by a similar amount.
The state’s sizable caregiver community actually accounts for the bulk of medical marijuana transactions in the state. The Press Herald estimates caregiver sales totaled between $45 million and $60 million in 2014.
The state is home to 1,720 registered caregivers, 15,000 MMJ patients and eight dispensaries.
Maine is among the states that have recreational marijuana bills on the table this year. One unique rec initiative proposed in the state would require 40% of marijuana to be supplied by small-scale growers. The proposal also would allow cannabis clubs, frowned upon in...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel is the leading source for cannabis news from around the world. Get the latest updates on cannabis legalization, politics and technology, as well as developments in medical and recreational marijuana news. Our commitment is to bring you the most important cannabis news stories every day of the week.
At 420 Intel we understand that effective marijuana industry news coverage is a constant endeavor. Every day stories develop regarding cannabis legalization, technological developments, and the medicinal benefits of marijuana use. Each new development carries the potential to impact the marijuana industry regionally, nationally, and internationally. 420 Intel is the marijuana industry news outlet that will keep you up to date on these developments and how they impact the world around you.
With the marijuana industry constantly evolving, you need a cannabis news outlet to keep you abreast of the pertinent information. At 420 Intel, we cover marijuana legalization news throughout the world, offer reliable information for cannabis business owners, detail technological advances that impact the marijuana industry, cover marijuana rallies from across the globe, and everything in between.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.
