Maine

Mon
02
Mar

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.

Mon
23
Feb

Bill to legalize hemp farming in Maine gaining support

AUGUSTA — Farmers, organic growers, agricultural researchers and community members have thrown their support behind a bill moving through the Legislature to legalize hemp cultivation in Maine for industrial uses.

“Maine has an opportunity to break into an emerging industry that will be of tremendous benefit to our state,” Rep. Deborah Sanderson, R-Chelsea, who introduced the measure, said recently. “Not only would it open new opportunities for farmers, it would also provide local sourcing for many products made from hemp. The fibers from hemp can be used in textiles, paper, insulation, building materials and composites for auto bodies.”

Tue
10
Feb

Maine Rec Legalization Measure Focuses on Small Business

February 10, 2015

An organization pushing recreational legalization in Maine has a new focus: Help out small business.

Legalize Maine filed initiative language with the secretary of state, and is touting its effort as the first “homegrown initiative,” according to the Portland Press Herald.

Much of the ballot measure language is standard – those 21 and older could possess up to 2.5 ounces at a time, and sales would be taxed at a 10% rate.

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