A bill that would let Maine’s small medical marijuana providers form cooperatives is running into resistance from opponents who say it could result in large operations that would be exempt from local regulations.
Proponents, however, believe the bill would level the playing field for sellers of Maine’s most cash that is valuable and place the industry more in accordance with other financial motorists such as for example farming, lobstering and aquaculture.
The bill, sponsored by Rep. Charlotte Warren, D-Hallowell, would overturn a prohibition on cooperatives into the medical cannabis industry which was founded to stop racketeering and cartels in the program that is medical
The language of the bill that is proposed not available Monday.
In a public hearing Monday, many medical marijuana patients and individual providers, known in the industry as caregivers, spoke in support of the bill and said it would improve access to capital and resources for small business owners, offering protection against unfair competition from larger corporations.
Marijuana caregivers have actually very long worked with “an financial deck stacked against them,” Warren told the Veterans and Legal Affairs Committee, without lots of the exact same advantages supplied to many other companies such as for example banking and insurance coverage. [Read more at Portland Press Herald]