It’s true the state has mostly embraced the industry, but local decision making was a big part of its groundbreaking legalization bill, meaning there are lots of highly-populated cities without easy access. Here are the 10 biggest.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine Cannabis Report, Nation & World
Marijuana sales taxes poised to buoy states when pandemic aid runs out
State tax revenues from cannabis are forecasted to reach $12 billion by 2030.
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Posted inBusiness, Maine
Gas prices drop by a lot in parts of northern New England
Prices in Maine fell 2.9 cents per gallon over the past week, according to GasBuddy, which surveys stations.
Posted inArts & Entertainment, Business
‘Encanto,’ ‘Ghostbusters,’ ‘Gucci’ hang on to top 3 spots
All three films are playing exclusively in theaters.
Posted inBusiness, Maine, Nation & World
CMP parent company countersues former subcontractor, claiming defamation
Avangrid says Paulo Silva is a disgruntled former subcontractor who’s upset his company wasn’t awarded new contracts. Last week, Silva sued Avangrid alleging bid-rigging and racketeering.
Posted inBusiness, Kennebec Journal, Maine, News
Some events returning but pandemic still taking toll on Augusta Civic Center
The delta variant of the coronavirus came along just as bookings were picking up at the city-owned conference center and auditorium.
Posted inBusiness, Maine
Supreme Court denies Maine Lobstering Union’s request to reopen closed area
The union’s members don’t know what legal steps they might take until they discuss the ruling with their legal team.
Posted inBusiness, Nation & World
Stocks slump after murky jobs report as markets swing
Wall Street closed out a bumpy week with more losses on Friday following a mixed reading on U.S. jobs markets that investors said was tough to parse
Posted inBusiness, Maine, News
Rating agency expects Maine Turnpike to raise tolls by 29% in 2028
Fitch Ratings, a major bond rating agency, projects that the Turnpike will need to raise tolls to fund anticipated construction projects, including the Gorham connector.
Posted inBusiness, Maine
Lawsuit accuses CMP parent Avangrid of racketeering, fraud
The plaintiff, a former subcontractor, alleges Avangrid bought unnecessary equipment knowing it could recover the costs through higher electricity rates for customers in Maine and elsewhere.