The state’s Republican-controlled House defeats an effort to begin some sales this year. But possessing cannabis is already legal in the state, and that could mean big business for illegal sellers.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Idaho-based company completes purchase of longstanding Unity telecom UniTel
The sale to Direct Communications, based in Rockland, Idaho, is expected to provide the capital that will allow UniTel to expand and upgrade the fiber optic network in the communities that it serves.
Retail cannabis sales approved by dozens of Vermont communities
The state’s first retail marijuana businesses are expected to open this fall.
Bane or boon, massive cruise ships will return to Maine this year
With no travel restrictions and only voluntary COVID-19 regulations for cruises, the industry is back in full swing and bearing down on the state.
‘Batman’ soars to 2nd-biggest domestic box office debut of pandemic
Only ‘Spider-Man: No Way Home’ posted a bigger opening.
Fleeing sanctions, oligarchs seek safe ports for superyachts
President Biden has warned Kremlin-aligned oligarchs that the U.S. and its European allies are coming for their superyachts.
Central Maine business briefs: David Wedick named CFO of Maine Connectivity Authority
People & Places: Mainebiz travels to Damariscotta on March 23.
New minigrant competition aims to help Maine microbusinesses reach customers
New Ventures Maine is offering minigrants in the six regions it serves to help the smallest businesses reach customers by helping to fund marketing efforts.
New offices for the hybrid era? Many companies are on board
But businesses plan to give workers more flexibility to work from home and might see cost savings from limiting their real estate holdings.
Former lawyer sentenced to 18 months for stealing from elderly clients
The prosecutor calls the Tenants Harbor woman – who stole more than $1 million from three, elderly incapacitated clients – ‘the Bernie Madoff of Maine.’