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Maine’s cannabis market matures with slowing growth, falling prices, and rising challenges for small businesses.
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.
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.
While officials call the shift natural, advocates warn rising operational costs and falling prices threaten small independent businesses.
Safety concerns persist after recent product recalls, and most sales remain concentrated in southern and western Maine, particularly in Cumberland and York counties.
El mercado de cannabis de Maine madura con una desaceleración del crecimiento, la caída de los precios y los crecientes desafíos para las pequeñas empresas.