Marijuana multistate operator Acreage Holdings continues to prevail in its authorized efforts to thwart Maine and, now, its largest city from favoring homegrown companies within the state’s impending adult-use market.
A federal decide dominated Friday that Portland can’t enforce scoring criteria that give licensing desire to domestically owned marijuana companies, Regulation360 reported.
U.S. District Judge Nancy Torresen granted a request for a preliminary injunction in opposition to the city filed by NPG, which does enterprise as Wellness Connection, Maine’s largest medical hashish operator.
Wellness Connection is owned by High Street Capital Partners, a subsidiary of New York-based Acreage.
Earlier this 12 months, Wellness Connection challenged the state’s residency requirement, and Maine backed down, saying it was unlikely to prevail on a constitutional problem.
Portland, which plans to challenge 20 retail marijuana licenses, developed a scoring system that might have awarded:
- Five of 34 factors to candidates majority-owned by a Maine resident for no less than 5 years.
- Four factors to candidates who beforehand held non-marijuana-related enterprise licenses within the state.
In her ruling, the decide indicated that Portland would have a tough time legally justifying its licensing scheme.
Portland officers had countered that no matter how the scoring got here out, Wellness would nonetheless be in command of a profitable medical marijuana license within the city.
Maine regulators not too long ago set Oct. 9 because the date adult-use gross sales would start within the state, almost 4 years after residents voted to legalize leisure hashish.
Marijuana Business Daily initiatives the market will attain $275 million to $325 million a 12 months in gross sales by 2024.