From the depths of the Great Recession, Maine’s economy began a steady rebound that has allowed some industries to flourish despite a growing worker shortage.
Cannabis Report
Posted inBusiness, Maine, News
Dispensary operator named to state cannabis board
Josh Quint, director of operations for the Biddeford-based medical marijuana firm Canuvo, will become the first grower to serve on the 15-member panel.
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Posted inBusiness, Maine, Politics
Efforts to improve banking access for cannabis growers take a big hit
A proposal to protect financial institutions serving marijuana businesses was stripped from the federal spending bill, and a measure to improve access to banking is held up in the Senate Banking Committee.
Posted inBusiness, Maine
Maine hemp farmers fear proposed rule change could cost them their crop
Under the proposed standards, 27% of Mainers farming hemp in 2019 would have tested ‘hot’ for exceeding allowable THC levels in their plants.
Posted inBusiness, Maine, News
Forty companies apply for Maine cannabis licenses on first full day
Marijuana growers, retailers and manufacturers submitted applications for state licenses leading up to a March 2020 target for retail sales.
Posted inBusiness, Maine, News
Municipalities ready for recreational marijuana
Here’s a list of communities that have established rules to allow recreational marijuana businesses, as compiled by the Maine Municipal Association. Some towns only permit one kind of license, such as grows, but not others, such as retail stores. Since this list was created, Eliot has also opted in. Portland’s final rules are still pending.Auburn […]
Posted inBusiness, Maine
The race is on for recreational marijuana licenses in Maine
The state will publish application forms this week; on the municipal level, the process is already well underway.
Posted inBusiness, Maine
New federal hemp program expected to help growing Maine industry
Approved farmers will be eligible for key federal agriculture assistance, including farm loans and insurance, in 2020.
Posted inBusiness, Maine, News
Hopes for hemp farm in Whitefield wilt as bank and insurer cut farmers loose
Farming hemp is legal under state and federal law, but many in the banking and insurance industries still consider it too hot to handle.
Posted inBusiness, Maine
Marijuana testing labs: Will Maine have enough?
Other states have struggled to license enough, resulting in long delays, supply shortfalls and testing waivers