Maine has set October 9th as the date the state will comment recreational cannabis sales.
The highly anticipated date comes four years after the state’s voters approved adult-use sales.
Recently the state’s Office of Marijuana Policy released the timetable for adult-use cannabis businesses, saying it plans to issue the first licenses Sept. 8th and sales will begin roughly a month later, according to Westbrook, Maine, TV station WMTW.
The license types will include manufacturing, testing, retail and cultivation.
The Director of the Office of Marijuana Policy had aimed to issue the licenses and begin sales earlier in the year, but the coronavirus pandemic delayed the program.
According to Marijuana Business Daily, the market will reach $275 million to $325 million a year in sales by 2024.
Portland, Maine’s biggest city has put its plan to issue recreational marijuana retail licenses on hold after a federal judge ruled that its licensing system unfairly discriminated against out-of-state applicants.
“The court’s decision will delay the award of any retail licenses,” said city spokeswoman Dena Libner on Monday.
