Maine Business Group seeks Strong Marijuana Regulation

Posted by Sagar Satapathy on September 21, 2016.

With a view to advocate for better regulation of the marijuana industry in Maine State of the United States, a group of business professionals has formed a new organization in the name of “Maine Professionals for Regulating Marijuana” few weeks before the November ballot.

The members of organization include attorneys, accountants, lawyers, Realtors, elected officials, financial institutions, and marijuana dispensaries. They seek the best rules in place for the existing medical marijuana program and for recreational marijuana in the state, if the marijuana measure passes in the November ballot.

However, the organization has no plan to take a stand on the marijuana proposal appearing as Question 1 on the ballot. “Some people are for Question 1 and some people are opposed to Question 1. But also if Question 1 passes that the rules are promulgated in a fashion that would make sure that we’re focused on quality, safety and transparency here in Maine,” said Toby McGrath, the group’s president. “Most of this is an acknowledgment that we do have a current medicinal marijuana industry here in Maine that can use some tightening.”

 McGrath further points out that both medicinal and recreational adult use of marijuana require mandatory safety and potency testing and labeling. The organization also urges more stringent record keeping, a ban on advertising to minors and child resistant packaging in the marijuana law.

A recent study by ArcView Market Research and New Frontier estimated the value of Maine’s marijuana industry would increase from around $50 million today with medical marijuana to more than $200 million by 2020 if voters legalize the pot for recreational use.

Maine first legalized marijuana for medicinal use in 1999. The voters of the state will decide whether to legalize marijuana for recreational use on November 8. However, Marijuana is still illegal under the federal law of the United States.

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