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February 22, 2016

Waterville fleshing out marijuana dispensary regulations

Waterville’s planning board will host a public hearing Monday evening to discuss appropriate sites for and possible restrictions on medical marijuana-related businesses, the Kennebec Journal reported.

Medical marijuana continues to be a growing industry for the state, as the Maine Revenue Service reports that in 2015 the $23.6 million in sales at dispensaries generated $1.29 million in sales tax.

This $23.6 million in sales is up 46% compared to 2014, when dispensaries sold $16.2 million worth of medical marijuana and related products, generating more than $892,000 in tax revenues for the state.

Maine is currently part of the 34-state majority allowing some form of medical cannabis after legalizing medical use in 1999, with the first dispensaries opening in 2011.

In Waterville, city councilors recently voted to ask the planning board to recommend appropriate places for medical marijuana dispensaries, storage sites and other related operations, as well as restrictions for those businesses, although the city hasn’t received requests from people wanting to open such operations.

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