Maine panel signs off on rewrite of recreational cannabis law

420Patients.com is accepting qualified medical marijuana patients and caregivers to join our network. We value every registered member and we hope to serve you in Arizona. This article brought to you by 420 community friends mmjbusinessdaily.com

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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