Further Delays To Cannabis Dispensaries Opening In Maine

Further Delays To Cannabis Dispensaries Opening In Maine

Local press reports say June is now likely to be the earliest. Maine pushes the target date for adult-use marijuana sales back by 3 months, and lowers its projected sales tax revenue for the fiscal year that ends June 30. Says the Press Herald. The article adds Maine is planning to have its first recreational marijuana shops open in June, three months later than expected. State budget forecasters are banking on a robust kickoff, however, estimating $5 million in sales by the end of the month. Maine is “very close” to issuing the first round of conditional recreational business licenses, said Erik Gundersen, the director of the Office of Marijuana Policy. It has received 197 applications so far; 80 of which have been deemed complete enough for regulatory review. BEFORE MARIJUANA MARKET OPENS • Retail shops need state-issued conditional licenses • Shops need authorization from municipalities • Shops go back to state for active licenses • State licenses health and safety testing labs • Products tested and entered into state tracking system • Once group of licensed retail shops meets criteria, state picks official launch date But a conditional state license is just the first step in a three-stage licensing process. The applicant must obtain local authorization, which can take anywhere from two weeks to a year depending on the municipality, before the business can return to the state to obtain a final active license, Gundersen said. Maine won’t issue active licenses until it has a testing lab ready, with…

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Source : CANNANNEW REPORT
Link to original : Further Delays To Cannabis Dispensaries Opening In Maine
reposted by Cannabis News World

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