The Empire State could become the East Coast’s largest recreational marijuana market – generating a potential $2.3 billion in annual sales by its fourth year, a trade publication estimates.
cannabis
Posted inBusiness, Local & State
Office of Marijuana Policy seeking bids for public safety campaign
The campaign will address, among other concerns, ‘preventing and deterring the use of marijuana and marijuana products by persons under 21 years of age.’
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Posted inBusiness, Local & State, Morning Sentinel
With moratorium nixed, marijuana grower plans expansion into Thorndike
Massachusetts-based Nova Farms is buying Donald and Bertha Maxim’s 170-acre farm on the Gordon Hill Road.
Posted inBusiness, Local & State, Maine Cannabis Report
Farmers lose hope – and money – in race to build Maine’s hemp market
Marijuana’s non-psychotropic cousin was supposed to be a cash crop for Maine farmers, but it hasn’t worked out like that for most.
Posted inBusiness, Local & State, Maine Cannabis Report
Maine’s largest cannabis company sues to open state’s medical marijuana market to outsiders
Wellness Connection claims the U.S. Constitution gives nonresidents a right to own medical marijuana dispensaries in Maine.
Posted inBusiness, Local & State, Maine Cannabis Report
Marijuana has grown to become Maine’s most valuable crop
Sales of medical marijuana alone totaled nearly $222 million through October, making cannabis the state’s most valuable agricultural commodity.
Posted inBusiness, Nation & World
House votes to decriminalize marijuana at federal level
Supporters say the bill would help reverse adverse effects of the decades-long ‘war on drugs,’ while opponents call it a hollow political gesture.
Posted inBusiness, Local & State, Maine Cannabis Report
Maine records $1.4 million in recreational cannabis sales in first month
The average sale during an inaugural month limited by supply shortages and in-store purchase limits was about $66, state records show.
Posted inBusiness, Local & State, Maine Cannabis Report
Wellness Connection to open adult-use cannabis shop Monday in South Portland
The store marks the beginning of Maine’s largest marijuana company’s conversion from medical to recreational sales.
Posted inBusiness, Election 2020, Local & State, Maine Cannabis Report
Voters reject Portland’s cautious approach to retail marijuana
The elimination of a cap on cannabis stores in Maine’s largest city passes by a 6-percentage-point margin.