A: Yes! Green Bits was built with a focus on high-volume retail while providing reliability and speed. Some of our most successful customers average more than 1,000 transactions per day.
Our point-of-sale is the only true Register in the cannabis industry, which means it is designed for speed. Checkout times are more than 5 times faster than other desktop-based systems.
And we are so confident in our reliability that we post it for all the world to see at greenbitsstatus.com. Ask your current provider if they do this.
Running a retail cannabis business can be taxing if you don’t know what you’re doing. Any small business requires a level of professionalism, but a cannabis business is unique in that the laws of each state, county, and even city differ across the U.S.
Without a consensus, even a seasoned pro in one state will still have to study up on other states, and even once you get the hang of a state’s laws, they can quickly change at any given election. Here’s everything you need to know about operating a compliant cannabis business in Maine, and the state’s cannabis laws.
Do I need a license to operate?
Yes, medical marijuana was legalized in 1990 and recreational marijuana was legalized by the Marijuana Legalization Act in 2016, allowing licensed retail businesses to open.
Who manages cannabis licenses in Maine?
Cannabis licenses in Maine will be issued through the Division of Administrative and Financial Services. Five license types will be available: Retail, Growing, Manufacturing, Testing, and Social Club
How do I get a license in Maine?
This is currently not clear as an application process has yet to be finalized and released to the public..
How much does a license cost?
License application fees and annual fees have yet to be finalized and released to the public.
Are there annual licensing fees?
It is currently unclear, although judging by other states, annual licensing fees are very likely.
What license type do I need to service recreational and medical patients?
A retail, social club, or caregiver license will be necessary to interact directly with consumers in a B2C business.
Will I be able to get a retail license if I already have a dispensary?
Yes, they are expected to accept applications from businesses participating in its medical program.
What local (county level) permissions will I need to operate?
It’s best to check with your local city and county government for requirements prior to applying for a state license. Several towns in Maine don’t want marijuana businesses to operate within their borders, despite statewide legalization overruling local law.
Cannabis Event Information
Do I need a license to host a cannabis event in Maine?
Each city is different, so check with local legislators. There are no statewide rules regarding cannabis events, except that public consumption is forbidden. There are several state permits needed though, and a social club permit may be necessary.
Do I need a separate premises license for cannabis events?
The location of your cannabis events determines which license you’ll need to pursue. If you’re attending an event like a High Times Cannabis Cup, you’re actually a vendor at that event.
Holding your own offsite events puts you in a position where you need to file the proper city and county licenses. Work with the venue to ensure this is completed in a timely manner.
Can I get a cannabis event license if I hold a retailer license?
Yes. You can hold events on your premises, host offsite events, or attend offsite events proudly representing your business.
Managing Your Business in Maine
How can I ensure that I remain compliant?
Reading, understanding, and consistently applying Maine state cannabis regulations is essential. During the application process, your entire organization will be tested on compliance competency.
Also track everything. Record every interaction. Have every dollar, plant, and product tracked from seed to sale. A solid POS that can automatically interface with the state’s tracking system is only the start of what you’ll need to stay compliant.
What security measures am I required to take?
Required cannabis business security measures will cost at least $100,000. Video surveillance, security lighting, transportation and waste disposal processes, platforms, and procedures need to be in place from day one.
Cloud video data storage will be a significant cost for startup businesses. Plan ahead for this.
Can I package and label cannabis in my retail store?
It’s a funny question, because you’ll be labeling all product that enters and exits your retail store. There are no specific regulations about packaging on premises, but cannabis must be already sealed before transport.
Can I sell alcohol or tobacco at my cannabis retail store?
Yes and no. Generally, you can’t sell alcohol or tobacco at cannabis dispensaries or cannabis at smoke shops, liquor shops, etc. Terpenes (basically cannabis essential oils) and hemp products have different rules. It’s possible to create cannabis-flavored products that don’t include THC.
Also, tinctures contain alcohol, so even though THC vodka or beer (or even vodka or beer without cannabis) would be illegal in Maine dispensaries, alcohol-based tinctures are allowed.
Can I vertically integrate my cannabis businesses?
Yes. In fact, Maine has eight licensed, vertically integrated cannabis businesses.
Can I sample or give product away in store?
Yes, you can give away product, but it must not be consumed on the premises without a social club license and that still doesn’t allow smoking.
What are the operating hours for a retail shop?
There are no statewide regulations as of yet, but this could change, and localities are likely to impose their own restrictions.
Can I have public-facing displays on my storefront?
There’s no specific reference to displaying products publicly, but advertising or marketing online or on mobile devices is prohibited. Local laws may vary, so check with local government officials.
How old does someone need to be to buy cannabis?
21 for recreational cannabis.
What is seed-to-sale reporting and what is required of retailers?
Maine’s system of record for the cannabis industry is BioTrackTHC. Your POS should ultimately report to BioTrackTHC directly to seamlessly remain compliant.