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
Cops Cleared of Federal Charges After Being Linked To Tipping Off Illegal Cannabis Operation | High Times Total 0 Share 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 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
Marijuana money will bail out Maine’s struggling veterans homes – Cannabis Business Executive – Cannabis and Marijuana industry news skip to Main Content Read more
Maine Officials Report ‘Mass Exodus’ of Caregivers Amid Rec Sales | High Times Total 0 Share 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
The National Craft Cannabis Coalition, comprised of state-level advocacy groups from Oregon, California, Washington, Vermont, Maine, and Massachusetts, was formed with the goal of promoting state and federal policies that support small-scale growers, starting with the SHIP Act introduced by Rep. Jared Huffman (D-CA). The SHIP (Small and Homestead... Read more
Maridose LLC, based in Maine, announced on Aug. 19 that it officially received a federal cultivation license from both the United States Department of Justice, as well as the Drug Enforcement Agency (DEA). The company is one of only seven in the country that have been approved by the... Read more
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