Exciting news! Late Wednesday evening, the Appropriations and Financial Affairs Committee voted unanimously to move LD 1063 off of the appropriations table to be enacted into law. With an effective date of January 1, 2023, the bill allows for adult use cannabis...
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Thinking of starting a cannabis business in Maine? New laws will keep you on your toes. PART I: New Rules
During 2018, the Maine Legislature passed two Bills dealing with the future of the marijuana business in Maine that are to become effective this December. Both are designed to end the wild west nature of the industry but they have very burdensome tax and operating...
Will Taxes Mean the End of Marijuana Reform?
Last November, Maine voters approved the legalization of recreational marijuana. Since then, entrepreneurs in the industry have begun gearing up now for what will become a real growing frenzy. Warehouse space is being gobbled up by speculators looking to participate...