Maine’s adult-use marketplace continues to take shape after being approved by voters with a 2016 ballot question.
The most recent development came June 2, when businesses sued the state to enforce its residency rule, requiring adult-use business license holders to have at least four years of in-state residency.
The lawsuit stems from a May decision that dropped the residency rule. In a release explaining the judgment, the state Office of Marijuana Policy said that it determined that it was unlikely to win a lawsuit against the dispensary Wellness Connection of Maine.
In March, Wellness of Maine sued the state on the grounds that the residency rule was unconstitutional. The company holds four of the eight licenses in the state.
Wellness Connection of Maine is affiliated with New York State-based Acreage Holdings Inc. (OTCMKTS: ACRGF) through a managed services agreement. Acreage Holdings, which is not a party to the lawsuit, declined …