A Maine native who last year said he was building the state’s “first and only cannabis business park” off Minot Avenue harvested his first crop Thursday.
Cliff Miller has revised his retail plans for Minot Avenue, hoping to break ground there later this year, and isn’t concerned that seemingly every few days brings word of yet another cannabis retailer, grower or both opening somewhere in Maine. He anticipates enough demand in the adult use arena this spring for everyone. More than enough, even.
“We don’t have any deep, deep historical data, but you look at Michigan when they went live last month, they sold out within three days, the entire state,” said Miller, 35, CEO of the Atlantic Cannabis Collective. “They did $3.2 million in sales with six dispensaries open within two weeks. Canada, three days, gone, when their whole country opened up. Massachusetts, empty within days. There’s just not enough supply at the beginning of this market to keep stores open.”
He hopes for 25 harvests annually between his three Mystique Way greenhouses, eventually growing up to 10,000 pounds of cannabis a year that’s already in demand. “We have people anxiously waiting to put down six-figure deposits to make sure they can get cannabis,” he said.
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