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CannaButter Digest

Industry Professionals Gather for 8th Annual Maine Cannabis Convention

AGUSTA, ME – The 8th Annual Maine Cannabis Convention, set to take place at the Augusta Civic Center this weekend, marks a significant event for cannabis professionals in the state. With over 125 exhibitors and 30 speakers, the convention is expected to be the largest gathering of its kind in the state, according to Spectrum News.

The New England Cannabis Network, the convention sponsor, has arranged for a diverse lineup of speakers, including Catherine Lewis, the executive director of the Medical Marijuana Caregivers of Maine. Lewis will present a speech titled “State of the State’s Medical Cannabis Industry.”

Another notable exhibitor making its debut this year is The Drinkable Company from Massachusetts, presenting cannabis-infused coffee, tea, and soda as alternatives to alcohol. These beverages contain 5mg of THC per 12-ounce can, providing an alternative experience without the drawbacks of alcohol consumption.

The event comes three years after Maine legalized recreational cannabis sales, leading to a flourishing industry with more than 250 businesses and a substantial increase in employment. Retail sales doubled from approximately $82 million in 2021 to nearly $159 million in 2022. Recreational cannabis retail sales have already surpassed $118 million in 2023 through July.

The convention aims to provide a platform for professionals to navigate the evolving landscape, fostering growth in both the medical and recreational sectors.

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