Finance

New average market rates for products grown for retail purposes help state calculate excise tax collections.

As legalization gains momentum across North America, many officials in non-legal states are looking wistfully at their 420-friendly neighbors and wondering if they’re missing out on an opportunity to bring in millions of dollars in cannabis tax revenue.

Through November, the state brought in just over $1 million from the gross receipts tax alone, according to state Department of Revenue data.

Today, women in the cannabis industry are creating and influencing products — such as cannabis-infused balms and edibles for hot flashes, migraines and pregnancy-related muscle pains — and molding corporate culture to be female-friendly from the ground up.

The maker of Budweiser is exploring getting into the marijuana drink business.

What is believed to be Maine’s first marijuana convenience store, one of only a handful in operation in the country, will open Thursday in Portland.

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