Since cannabis is still illegal under federal law, the lucrative industry has struggled with limited access to loans and other bank services.
maine businesses
Posted inBusiness, Local & State, News, Politics
Bill seeks to give Maine legislators final approval over chief of cannabis office
State officials say the legislation unfairly singles out the Office of Cannabis Policy and undermines the executive branch, while supporters say it’s an important step in restoring trust and transparency for the industry.
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Posted inBusiness, Local & State, News
Mainers join nationwide economic blackout in their own way
Some small businesses saw more cash purchases during the 24-hour grassroots action against the U.S. economic and political system.
Posted inBusiness
Part of L.L.Bean flagship store torn down as $50M renovations continue
The project is expected to be completed by fall 2026.
Posted inBusiness, News
Maine businesses say H-1B visas are critical to filling labor gaps
Trump allies are split over the program that brings skilled foreign workers to labs, hospitals, universities and tech companies in Maine.
Posted inBusiness, Local & State, News
Maine company wants to create a new American hotel chain
HomeAwhile, an apartment-style hotel being built in Scarborough, could set a blueprint for modern extended-stay lodging. The group behind it was shaped by working-class roots.
Posted inBusiness, Health, Local & State, News
Maine’s recalls of moldy cannabis prompt questions on state testing standards
On the heels of back-to-back-to-back recalls, industry members are calling for an examination of the state’s standards for yeast and mold, which they say are simultaneously too tight and too broad.
Posted inBusiness, Local & State, News
Tom’s of Maine used contaminated water in toothpaste, FDA says
The Sanford-based company has found small levels of bacteria in water used in their toothpaste and to clean manufacturing equipment.
Posted inBusiness, Health, Local & State, News
Maine regulators increase audits of recreational cannabis after 3rd recall in 2 months
The Maine Office of Cannabis Policy has released little information about the recalls, including which yeasts and molds were found in samples, contamination levels, and how the products made it onto shelves after passing initial tests.
Posted inBusiness, Local & State
Hannaford outage blocks some credit card sales, to-go orders
All Hannaford locations remained open Thursday, but some were cash-only. It was not clear how many stores were impacted.