Maine’s top marijuana regulator said the state has few tools to prevent medical marijuana from being sold on the black market. Most caregivers are following the rules, but economics are driving the illicit sale of marijuana, said Erik Gundersen, director of the Maine Office of Marijuana Policy. “It’s an... Read more
The state’s adult-use cannabis industry brought in nearly $60 million in its first year, but some fear market saturation and mega-competitors from out of state. One year after Maine launched its legal adult-use cannabis market, industry members say they’re encouraged by the market’s rapid growth, but they also shared... Read more
Ryan Allway September 23rd, 2021 Unity Rd., a Cannabis Dispensary Franchise, Signs Agreements with Entrepreneurial Groups for Development in New Jersey and Virginia; Existing Partner Signs Lease in Maine for their First Unity Rd. Shop PHOENIX, Sept. 23, 2021 /PRNewswire/ — Item 9 Labs Corp. (OTCQX: INLB) (the “Company”)—a vertically integrated, cannabis dispensary... Read more
More than 90 percent of Maine towns and cities still don’t allow recreational marijuana stores, even as sales in the industry have steadily grown since they started nearly a year ago. While Brewer and Orono are both on track to allow recreational cannabis stores sometime soon, they’ll join only three other... Read more
Maine’s adult-use cannabis retailers continue to break sales records, with $10.2 million worth of marijuana products sold in August. The August sales jump was a more moderate than July’s 45 percent increase from June sales, but it marks the first time the industry has reported monthly sales of at... Read more
Maine’s mom and pop weed scene sweats corporate ‘gentrification’ – Cannabis Business Executive – Cannabis and Marijuana industry news skip to Main Content Read more
State lawmakers in Maine passed a bill last week to decriminalize possession of all drugs. The measure, LD 967, was passed by the Maine House of Representatives on Thursday with a vote of 77 to 62 and was later cleared by the state Senate, according to media reports. Under... Read more
Last month brought a new milestone for Maine’s fledgling recreational cannabis industry, with the state’s Office of Marijuana Policy reporting $5.3 million in sales in May for licensed retailers. The figure makes it “the highest grossing month since the industry launched” last October. Erik Gundersen, the director of Maine’s... Read more
