Maine Medical Cannabis Sales Total $16.2M
Warning message
The subscription service is currently unavailable. Please try again later.March 2, 2015
Dispensaries in Maine sold an estimated $16.2 million worth of medical cannabis last year, while the state collected around $900,000 in taxes on those transactions, according to the latest figures.
The tax haul was about 40% more than 2013, according to the Portland Press Herald, meaning sales rose by a similar amount.
The state’s sizable caregiver community actually accounts for the bulk of medical marijuana transactions in the state. The Press Herald estimates caregiver sales totaled between $45 million and $60 million in 2014.
The state is home to 1,720 registered caregivers, 15,000 MMJ patients and eight dispensaries.
Maine is among the states that have recreational marijuana bills on the table this year. One unique rec initiative proposed in the state would require 40% of marijuana to be supplied by small-scale growers. The proposal also would allow cannabis clubs, frowned upon in...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.
Follow us on Instagram
Connect with us on Linkedin