Their reluctance deprives cannabis firms of a key ingredient for doing business.
Marijuana
Posted inBusiness, Local & State
Federal bill could launch cannabis banking industry in Maine
Cannabis would remain an illegal drug under federal law, which means banks providing services to sellers still could face some risks.
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Posted inLocal & State
Chelsea selectmen to discuss medical marijuana licensing Thursday
Town Manager Scott Tilton said the city could use licensing to create revenue and exclude medical marijuana caregivers from areas around schools.
Posted inBusiness, Local & State, Maine Cannabis Report
Hearing set on recreational pot rules
The May 23 hearing in Portland will be the first opportunity for the public to provide in-person testimony on the state’s draft of adult-use cannabis regulations.
Posted inBusiness, Local & State, Maine Cannabis Report
Maine strikes tentative marijuana-tracking deal with Florida company
This second attempt to secure a track-and-trace contract marks a major milestone in the state’s effort to roll out its adult-use market
Posted inBusiness, Local & State, Maine Cannabis Report
Maine releases draft rules for its recreational marijuana market. Read them here.
Proposed regulations, made public at the request of the Press Herald, cover everything from licensing, inventory tracking and enforcement to advertising, packaging and labeling.
Posted inBusiness, Local & State, Maine Cannabis Report
Maine hires second marijuana consultant for $10,000
The LA firm BOTEC will analyze proposed rules for Maine’s recreational pot industry.
Posted inBusiness, News
Pot shops embrace ‘420’ while biding time on rules
Fire on Fore is using the auspicious date linked to marijuana for its grand opening. It intends to make the switch to recreational sales as soon as the state finalizes rules for the emerging industry.
Posted inLocal & State
Confusion over medical marijuana retail operation prompts potential investigation of China shop
The town’s code enforcement officer said he does not have a reason to believe that the owner, Nathan White, has violated a local policy. Town Manager Dennis Heath and police Sgt. Tracey Frost seem to think otherwise.
Posted inBusiness, Nation & World, News
Q&A: Trendy CBD rocks retail world, but does it work?
The marijuana extract CBD is turning up in cosmetics, foods and supplements, but the science and legal status around the compound remains hazy