Weekly Cannabis Roundup February 26
by Lo
When it comes to cannabis, Maine is one of the more progressive states in the country. In 1976, Maine became only the third state to decriminalize possession of small amounts of cannabis. This was an important step, as it always is because it disrupted the terrible impact of the War on Drugs. Decriminalization meant that even though cannabis hadn’t been legalized in Maine, possession of a small amount of the substance would be handled with a fine rather than an arrest that could ultimately prove life-ruining. In 1999, Maine continued to set the pace for forward-thinking states by legalizing medical cannabis. Legalizing medical cannabis allowed Maine doctors to give recommendations for cannabis to their patients. It also meant that, for the first time, Maine residents were able to grow their own cannabis plants. For the first time, Cannabis was being produced legally within the state of Maine. Then, in 2016, Maine passed the Marijuana Legalization Act, a piece of legislation that legalized cannabis for both recreational use and retail sale. Not only did this act lift some of the restrictions on who could grow cannabis personally, but it also provided for the growth of cannabis to expand dramatically as a business enterprise. As the cannabis industry found a foothold in Maine, more and more growers emerged to produce cannabis plants of their own. And now, almost five years later, Maine can point to cannabis as the most profitable crop in the state.
In fact, medical cannabis on its own is responsible for the massive sales that have displaced potatoes as Maine’s number one crop. Recreational cannabis isn’t even included in the numbers. That’s because recreational cannabis sales in Maine didn’t begin until October of 2020. It’s common for states to experience a delay between the legalization of cannabis and the actual rollout of a cannabis market that makes the substance available for purchase. In Maine’s case, that process took even longer than it might have otherwise because of the complicating effects of COVID-19.
But the medical cannabis market was solidly on its feet last year, and the numbers tell a story that can’t be argued with. Medical cannabis sales surpassed $221.8 million last year, beating out not only potatoes but also milk, hay, and blueberries—other crops that have historically performed well in Maine and that took a backseat to the success of cannabis in 2020.
In looking at the past year, the effects of the pandemic are stark. There are some things that American’s aren’t buying right now, but there are other things that we’re purchasing in as great a quantity as we ever have. Economists observe that cannabis is one of those things that just isn’t touched by a global pandemic. We as a people want it as much as we ever have.
But we still want our potatoes too, so why is cannabis doing so well by comparison? The answer may simply be that people are recognizing the effects of cannabis and business is booming. And Maine officials have recently approved new rules that allow for program reciprocity and give physicians the freedom to recommend cannabis for any medical condition they see fit—two factors that are almost certainly accounting for some of the increase in sales. Other states may look to Maine as an example of what a strong cannabis program can do for their economy, even during challenging times like these.
Maine is showing us the rest of the us (the USA) exactly what to do and how to do.
TAKE NOTICE!
One of the biggest drivers of cannabis legalization has been the allure of tax revenue. While there are many reasons cannabis ought to be legalized, such as the medical benefits and the harm wrought upon marginalized communities by the War on Drugs, the practical benefits of tax revenue have helped to move the needle when…
Note: Veriheal does not support illegally consuming therapeutic substances such as cannabis, psilocybin, and other psychedelics. But it’s acknowledged that it transpires because of the current illicit status, which we strive to change by advocating for research, legal access, and responsible consumption. Psychedelics and music have long had a love affair but now, their relationship…
Transporting cannabis is a tricky business, thanks in large part to the fact that cannabis is still illegal at the federal level. Even when you’re transporting cannabis from a state where it’s legal to another state where it’s legal—for example, driving across the border from California to Oregon—there’s a chance you might run into trouble….
Note: Veriheal does not support or endorse any political candidate or their policies. We merely report on the facts as they are presented and their implications in regards to cannabis. United States President Joe Biden has shown support for ending the reign of private prisons in the U.S. On Tuesday, Jan 26th, Joe Biden officially…
Note: Veriheal does not support or endorse any political candidate or their policies. We merely report on the facts as they are presented and their implications in regards to cannabis. The state of California has a very lucrative illicit cannabis market despite legalizing it long ago, but proposed legislation might help the state combat it….
With cannabis still breaking free from the chains of stigma and propaganda used to ruin its reputation, many who are using cannabis…
Note: Veriheal does not support or endorse any political candidate or their policies. We merely report on the facts as they are…
Cannabis in America is stuck in a catch-22 situation of epic proportions. The lack of research is one of the many reasons…