Maine moves a step closer to rolling out recreational marijuana, former U.S. House Speaker John Boehner does an about-face on MJ legalization, and Hewlett-Packard becomes the latest big corporation to enter the cannabis industry.
Here’s a closer look at some notable developments in the marijuana industry over the past week.
All but done, finally
Nearly 18 months after narrow voter approval, Maine lawmakers signed off on a bill to regulate the recreational marijuana program that’s expected to stick – with or without the blessing of Republican Gov. Paul LePage.
“It’s been frustrating,” said David Boyer, Maine political director of the Marijuana Policy Project, “and there’s stuff in the bill we didn’t like.
“But ultimately we’re glad the Legislature and state are moving forward toward a regulated marketplace.”
Maine’s House and Senate approved legislation to regulate legal adult-use marijuana sales, likely by 2019 or 2020. And it appears the lawmakers’ support is strong enough to override a potential veto by LePage, who sunk an earlier effort.
Maine’s MMJ market is relatively small, with about $24.5 million in sales in 2017, according