Current Edition

Cover for issue 20260420

Subscribe
Editions
Banking & Finance

🔒Bold ventures: Maine financiers take varied routes to backing startups

New startup funding routes in Maine include a venture capital firm aiming to close its first two investments this month; a venture studio that’s tapping academic talent to get new businesses off the ground; and a revenue-based debt instrument for growth capital.
Cannabis

🔒Five years into legal cannabis sales, Maine sales plateau

The average price per gram of adult-use cannabis has dropped each of the past five years, according to the Office of Cannabis Policy's annual report issued earlier this year.
Banking & Finance

New law aims to shield Maine homeowners from risky loans

LD 1901, “An Act to Regulate Shared Appreciation Agreements Relating to Residential Property,” was sponsored by state Rep. Arthur Bell, D-Yarmouth and signed into law by Maine’s governor last week.
ADVERTISEMENT

Latest Stories

Real Estate & Construction

Long-time chef plans ‘small plates’ restaurant in downtown Portland

“We want to be a little higher-end but not pretentious. Velvet ropes and dogs — we thought, ‘Okay, that’s cool.’ We’re kind of mixing that together.”
Real Estate & Construction

CORE appoints first broker shareholder

“This is an important step as we continue to create opportunities for our brokers to grow with the firm,” said CORE’s president.
Housing

‘Net zero’ home developer expands to southern Maine, leases manufacturing plant

Zero Energy Homes last week set its first panel-built home in southern Maine and its fourth home overall. It recently leased a Wiscasset manufacturing facility for year-round modular construction.
Retail & Food Service

Freeport retailer spices up product line and adds new owner

The shop, which is located at 6 Mill St., was closed for just over a week during the transition. A grand reopening is scheduled for May 1.
Downtown revitalization

In York County, Hollis cuts the ribbon on $7.5M town hall

The York County town of Hollis cut the ribbon last week on a purpose-built town hall at 34 Town Farm Road that’s nine times larger than the old one.
Banking & Finance

🔒From the Editor: ‘Maine has great potential’

Our cover story looks at Maine’s startup network and how it goes about getting financing.

Movers & Shakers

More Announcements | Submit an Announcement

Digital Partners

Career Opportunities

Economic Development Specialist

City of Bangor
,
Bangor, Maine
$29.14 to $39.12 per hour
More Careers | Submit a Listing
ADVERTISEMENT

More Stories

Manufacturing

🔒Made in Maine: At Biddeford packaging company, boxes are booming

Volk Packaging, with 110 employees and $50 million in annual sales, specializes in corrugated packaging materials.
How to

Ask ACE: My company cannot afford a sustainability officer. What is a practical, first-step action we can afford now?

For many Maine small businesses, sustainability isn’t a separate initiative — it shows up in everyday decisions, including choosing your bank.
In Short

🔒Newsworthy people and performances for April 20, 2026

A roundup of new hires, promotions and achievements at businesses, nonprofits, professional services firms and health care institutions in Maine.
Housing

🔒University of Maine at Augusta breaks ground on residential hall in Hallowell

In recent years, UMA has added dorms in an effort to increase campus life, build peer connections and give students better access to academic and support services.
Friday Food Insider

🔒Friday Food Insider: A Maine team looks to speed up molasses sales

A Portland-based food company founded by Jim Hauptman and John Milburn has launched Molässa, a reformulated version of molasses.
Tourism & Recreation

Maine agency flags hidden ‘crash tax’ from work-zone accidents

Going into Maine's busy tourism-and-construction season, the Maine Turnpike Authority offered a warning about the dangers of speeding in work zones.
More Business News

Upcoming Events

View Calendar
View Calendar
More Events | Submit an Event

Latest Poll

Has legalized cannabis been good for Maine’s economy?

On the unofficial "420" holiday, Maine's adult-use cannabis market is showing signs of a plateau.

After several years of rapid expansion following legalization, growth has begun to level off as prices decline and competition increases among retailers.

Sales of adult-use marijuana in Maine slowed to a rate of 1.2%, with sales of $246.8 million in 2025, compared to $243.9 million in 2024, according to the Maine Office of Cannabis Policy.

More Polls
ADVERTISEMENT

Featured Columns

How To

No laughing matter: How to bring humor to the workplace

If you’re trying to bring more laughter to work, our columnist suggests sticking to safer jokes and being careful with imitations.
Made in Maine

🔒Made in Maine: A Maine seaweed product taps into an international market

In March, Ocean’s Balance was named “Exporter of the Year” by the Maine International Trade Center.
Friday Food Insider

🔒Friday Food Insider Notebook: A trio of new restaurants around the state

A trio of new restaurants is bringing fresh flavors and concepts to Bangor, South Portland and Portland.

Thought Leaders

More Thought Leaders

Paying Claims on Time and Cutting Red Tape: What Maine Patients and Providers Deserve

Denise McDonough, president of Anthem Blue Cross and Blue Shield in Maine, shares the essential role of a health care plan in Maine.

Subscribe to Mainebiz

Get the go-to source for local business news. Trusted by thousands of Maine business leaders!

Subscribe now

Book of Lists

Delivering vital marketplace content and context to senior decision-makers throughout Maine ... all year long.

Get It Here

Giving Guide

Discover the nonprofit organizations that have a presence in Maine and are making a difference.

Read It Now

Work for ME

Take advantage of this workforce development tool that helps Maine's employers target the state's emerging workforce.

Read It Now