A Maine man was arrested and held without bail last week for allegedly operating an unlicensed cannabis operation in a rural area about 60 miles north of Bangor, according to law enforcement officials and court records. Police seized 40 pounds of processed marijuana from a house in Passadumkeag, Maine... Read more
Among the many states currently looking to enact measures to investigate psychedelic regulation and increase psychedelic research, Maine is one of the latest to throw its hat in the ring. Lawmakers supporting the initial reform bill were hoping to usher in a new era of psychedelic drug regulation for... Read more
Curaleaf, one of the world’s largest cannabis companies, is exiting the adult-use cannabis retail market in Maine with the sale of its licensed dispensary in South Portland. The company’s sole recreational marijuana shop is being sold to Foliage Cannabis Co., which has already begun operations at the retail location,... Read more
Maine’s regulated adult-use cannabis industry generated more than $200 million in sales last year, an increase of 36% over 2022, according to information from the state Office of Cannabis Policy. But cannabis business owners who feel that Maine’s cannabis market is becoming oversaturated say that the numbers obscure the... Read more
The city council in Portland, Maine “voted 6-3 to pass a resolution deprioritizing prosecution for possession” of magic mushrooms and other psychedelic drugs, according to local news outlet News Center Maine, and NBC affiliate. The outlet noted that the resolution does not decriminalize such psychedelics, as has been reported... Read more
Cannabis businesses boom in Maine, but access to banking’s a bust – Cannabis Business Executive – Cannabis and Marijuana industry news skip to Main Content Read more
Marijuana money will bail out Maine’s struggling veterans homes – Cannabis Business Executive – Cannabis and Marijuana industry news skip to Main Content Read more
Adult-use cannabis sales soared last year in Maine, nearly doubling the total for 2021. The local news outlet Masthead Maine, citing data that was released by the Maine Office of Cannabis Policy, reports that the “state’s licensed adult-use retailers reported nearly 2.5 million sale transactions, totaling $158.9 million [in... Read more
