Maine’s Senate has passed the bill to implement the voter-approved recreational cannabis laws 24-10, making it veto-proof from Gov. Paul LePage, the Portland Press Herald reports. A final legislative review of the measure is still required before it heads to LePage but barring any issues the first recreational licenses will be issued in spring of 2019. The measure was approved by the House earlier this week.

The measure increases the sales tax rate from 10 percent to 20 percent, earmarking 6 percent of the taxes to fund enforcement. The bill also eliminates social use, deliveries, drive-thru windows, and cuts home grow plant counts from six to three. Lawmakers also eliminated the cap on cultivation licenses but will give the first licenses to residents who filed a Maine tax return for at least four years. Analysts suggest that the recreational market will generate about $23 million a year in tax revenues.

Mainers already have the right to possess and grow their own cannabis and a gray market has emerged in which cannabis is given away for a donation equivalent to the cost of the cannabis. Other gray market models include cannabis being given to someone who pays for another item or service unrelated to cannabis.

LePage has 10 days from the time the bill makes it to his desk to sign it into law, veto it (which would likely be overridden by the Legislature), or allow it to take effect without his approval.

Do you own a cannabis industry business? Create a listing in our directory and get discovered by new clients - Click Here
.

Tags: , , , | Categories: Cannabis Politics Recreational Cannabis News

Learn about cannabis businesses:

View the directory | Get featured here

  • TRIM Media House

    TRIM Media House is a full-service digital marketing agency with a heavy focus in visual content creation, website design, photography, and videography. If you are trying to navigate the digital arena when it comes to your brand, we would love to talk to you!

  • My Cannabis Accountant

    We are a Boutique Accounting firm focused on the cannabis industry. Our management team has over 100 years of combined experience in public accounting. Running a legal cannabis-based business can be complicated. Let us make sure your business is compliant with all federal, state and local financial regulations so that you can focus on your business.

  • Cannabis Advising Partners

    Cannabis Advising Partners provides full-service licensing, compliance and business services for cannabis companies in California. Building on over 20 years of experience with CA compliance, we help all types of cannabis companies navigate the new and complex requirements that surround everything from the submission of an annual license to the broad range of intricate ongoing compliance standards that are mandated by law.

  • Precision Extraction Solutions

    Precision® Extraction Solutions is the industry leader in cannabis extraction equipment, training and consulting. Precision® extraction systems are world renowned for quality, safety and precise operation. Costing half of comparable CO2 systems, with nine times more efficient processing, more award winning concentrates are made with Precision® than any other brand.

  • Denali Accountants

    We offer a complete bookkeeping and accountancy service to self-employed individuals and small businesses. We have been providing these services for 30 years and have built up a strong client base of small businesses. We understand your needs and deliver a personal service catering to the specific needs of your business. We are diamond QuickBooks Pro advisors!

  • HappyChap Creative

    An upstart design/build/create/help/strategize agency based in the Pacific Northwest. We help good people & companies get the recognition they deserve through clever, honest communication and the right look. We love working with cannabis brands who set a high bar for quality and who emphasize the positive impact that cannabis legalization will have on the world.

  • Sapphire Risk Advisory Group

    Sapphire is an organization of professionals whose careers are centered on the science of preventing crime and increasing pro-business results through the implementation of controls and processes. Our vision is to create environments that are crime adverse due to strategic planning and foresight. Sapphire will be in your corner with advice and counsel as long as your organization is continuing to grow.

  • Marijuana Marketing Xperts

    Marijuana Marketing Xperts is a division of V Digital Services that focuses solely on digital marketing for the marijuana industry. Our services include SEO, Website Design & Development, Programmatic Advertising, Print and Social Media. What makes us unique is our cannabis programmatic advertising network designed specifically to reach audiences interested in medical and recreational marijuana wherever they are.

  • Smokin’ Hot Solutions

    Smokin’ Hot Solutions was started seven years ago by three entrepreneurs from Philadelphia. From various entrepreneurial backgrounds, we came together with one cohesive goal; to build a cannabis marketing agency with an innovative and thoughtful approach. At a time when there were few specialty cannabis marketing agencies, and few willing to take the risk, we seized the opportunity. We cemented ourselves as the go-to agency for digital marketing in the cannabis industry.

  • 4blooms

    4blooms is San Diego’s first marijuana-specific marketing agency. The agency works with businesses involved in all aspects of the cannabis industry across the U.S., from growers to dispensaries to smoke shops. The team’s deep experience in web development, design and marketing makes 4blooms able to handle all aspects of business operations.

  • CannaPlanners

    CannaPlanners is a full service design and web agency, dedicated to normalizing the cannabis industry through professional and beautiful design services. From logos to packaging design, trade-show materials to t-shirts and hats - we've got all your creative needs covered. Our turnkey WordPress site builder allows for great-looking sites at affordable rates. Let our creative team tell your story!

  • NisonCo

    Through access to an unmatched network of cannabis industry leaders, reporters, reviewers, and social media influencers, NisonCo can get and keep your company in the news. We have developed over 2,800 active relationships with reporters and reviewers who cover cannabis from nearly every major outlet across the country. Our team of over 15 employees is passionate about maintaining a positive image for the industry and our hyper-attentive approach generates fast results.

Want a job in the cannabis industry?

Sign up to apply for unlimited jobs and get discovered by companies who are hiring

Post Your Resume View all jobs

Recent Job Postings

Subscribe for daily cannabis news, announcements, and business insights.

Stay informed about the latest cannabis industry news, policy progress, and business developments.