The funding would help the industry comply with new rules intended to save the critically endangered right whale.
Hannah LaClaire
Staff Writer
Hannah LaClaire is a business reporter at the Portland Press Herald, covering topics such as real estate and development, entrepreneurship and the cannabis industry among others. Before joining the Press Herald in January 2021, Hannah covered the town of Brunswick for The Times Record. She graduated from the University of Maine with a degree in Journalism, and reported for The Cape Cod Times in Hyannis, Massachusetts, and The Telegraph in Nashua, N.H., before moving back to Maine. In her free time, Hannah enjoys reading, running, cooking (eating) and traveling. She lives in Saco with her husband, her dog Olive and her cat Fred.
Posted inBusiness, Local & State
Maine homebuyers are skipping the inspection. Experts say it’s a risky move.
The practice has become increasingly common as prospective purchasers, frustrated by the state’s red hot real estate market, are doing whatever they can to put in the winning bid.
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Posted inBusiness, Local & State
Maine home sales activity is slowing down, but it’s not a buyer’s market yet
May was largely a continuation of existing trends, with home sales down 12% and prices up 15% from a year ago.
Posted inBusiness, Local & State
Mills administration pledges $15 million to improve public building efficiency
A new initiative aims to help public schools, municipalities and tribal governments make energy efficiency improvements and reduce their costs.
Posted inBusiness, Local & State
Maine’s cannabis black market shrinking faster than expected, survey suggests
The state Office of Cannabis Policy has issued a new, survey-based report saying 64% of Maine cannabis used last fall appears to have been purchased legally.
Posted inBusiness, Local & State
As gas prices pass $5 a gallon, Maine lawmakers seek probe into price gouging
The average price for a gallon of regular gasoline in Maine was $5.06 on Friday, with Franklin County reporting the highest countywide average at $5.16.
Posted inBusiness, Local & State
Frenchman Bay salmon farm developer sues state for spiking its lease application
The Portland company, funded by Norwegian investors, proposed raising 66 million pounds of Atlantic salmon annually and operating a fish processing plant.
Posted inBusiness, Local & State
As energy prices rise, thousands of Mainers at risk of losing power
More than 2,000 Maine households have been disconnected over the past month, and tens of thousands more are struggling with past-due balances.
Posted inBusiness, Local & State
April home sales fell 21% in Maine, but prices went through the roof
The limited selection of homes on the market last month sold for 25% more than in April 2021.
Posted inBusiness, Local & State
Home heating oil prices across Maine nearly hit $6 per gallon
With warmer weather and U.S. reserves being released, a downturn in price is expected but the timing is hard to predict.