Last week, Wellness Connection filed a motion to protest a lawsuit against the state of Maine, which was launched by two small marijuana businesses over recreational marijuana licenses that were awarded to out-of-state firms.
Wellness Connection, which is controlled by Delaware-based investor High Street Capital Partners, manages four medical marijuana dispensaries in Maine. The recreational marijuana market in Maine is relatively new, having launched on October 9 of this year. Despite its youth, the market is expected to soon eclipse the medical cannabis market size, with total sales projected to be $76 million this year; adult-use cannabis sales making…
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