Sales hit $217 million in 2023, a 36% increase over the previous year, although some store owners believe saturation will lead to the closure of some businesses.
maine office of cannabis policy
Posted inBusiness, Local & State, News, Politics
Maine providers push back on proposal to require testing of medical cannabis products
The Maine Office of Cannabis Policy says a recent study found 45% of 127 medical cannabis samples failed testing that is mandatory for the recreational market.
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Posted inBusiness, Local & State, News
Close to half of Maine’s medical cannabis may contain pesticides, mold, officials say
Of 127 samples tested, 57 – or about 45% – would have failed the standards for the recreational-use market, meaning they contained at least one banned material or substance.
Posted inBusiness, Health, Local & State, News
Changes are coming to Maine’s $300 million medical cannabis industry
Medical cannabis growers could face increased regulations as adult-use sales start to match medical.
Posted inBusiness, Local & State, News
Maine’s adult-use cannabis industry in full bloom
Sales continue to break records with August alone topping $21 million.
Posted inBusiness, Health, News
Science may be creating a new market for Maine’s medical marijuana
Researchers are looking at new therapeutic uses for the plant, and the state is poised to profit.
Posted inBusiness, News
Maine’s medical cannabis market seeing a ‘mass exodus’ of caregivers
A new report from the state shows more than one-fourth of the individuals in the occupation have quit since 2021, often in response to an overabundance of cannabis supply.
Posted inLocal & State
Lawmakers consider marijuana social clubs, boosting home grow
Both proposals were endorsed by Maine voters in the 2016 marijuana legalization referendum.
Posted inBusiness, News
Maine’s adult-use cannabis sales nearly doubled in 2022
Legal sales of recreational marijuana soared 94% last year from 2021’s total. But the growth hasn’t always been easy, and there’s concern the market is becoming overcrowded.
Posted inBusiness, Local & State, News
In Maine, cannabis store licensing fees are all over the map
For budding entrepreneurs, location matters as towns and cities vary widely – from $100 to $40,000 – in costs for setting up shop.