Maine residents approved legal recreational marijuana back in 2016, but have been waiting on the government to approve a regulatory framework for the industry. Happily, the end of that wait is now in sight. Governor Janet Mills has signed into effect a law establishing cannabis industry guidelines that is set to take effect in September. That means the state’s first marijuana sales could take place as soon as early 2020.
“The rule development demonstrates what can be accomplished when state government works with lawmakers, industry stakeholders and the public to accomplish a shared goal,” said Mills. “With this law, we are one step closer to honoring the will of Maine voters.”
The initial regulatory framework is restrictive for out of state cannabis companies hoping to expand into Maine’s new industry. A person who has lived in the state for four years will need to have at least 51 percent ownership for a company to be eligible for a license, a clause that will remain in effect until June 2021.
That’s actually a more relaxed version of the originally proposed policy, which caused uproar from the state’s largest medical cannabis business Wellness Connection of Maine.
The law establishes other restrictions on