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flag Maine’s cannabis market matures with slowing growth, falling prices, and rising challenges for small businesses.

flag Maine’s recreational cannabis market, now five years old, is experiencing slower growth and declining prices, with sales through September 2025 totaling about $186 million, on track for modest year-over-year growth. flag State data shows the industry, which hit a record $244 million in 2024, is maturing due to market saturation with more growers and retailers than current demand supports. flag While officials call the shift natural, advocates warn rising operational costs and falling prices threaten small independent businesses. flag Safety concerns persist after recent product recalls, and most sales remain concentrated in southern and western Maine, particularly in Cumberland and York counties.

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