29 Sep 2017

Maine panel signs off on rewrite of recreational cannabis law

Maine’s recreational marijuana law underwent a rewrite by a legislative committee this week that could spell major changes for the program, including an increased tax rate and a two-year residency requirement to own a rec shop. But Maine Gov. Paul LePage hasn’t expressed much enthusiasm about adult-use marijuana, and committee members are concerned he’ll veto or delay the implementation of the bill, according to the Portland Press Herald. A final draft of the legislation is expected to be finished by Oct. 10. Major provisions of the bill include:
  • A 10% excise tax
... Maine panel signs off on rewrite of recreational cannabis law is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


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