US (ME): Waterville attracting medical cannabis, cultivation businesses

The city is becoming a popular place for medical cannabis retail stores, as well as growing and cultivation facilities.

In just the last week, the Planning Board on Monday approved a final plan for a cultivation facility at 46 Industrial Road, and the City Council on Tuesday approved cannabis retail licenses for Northwoods Farmacy at 107 College Ave. and Sweet Dirt at 475 Kennedy Memorial Drive.

The city has placed no limit on the number of cannabis businesses that may open in Waterville. Councilors on Tuesday said they are allowing the market to drive the industry.

“It certainly is possible the city could establish a limit, but I think some people think it’s going to be market-driven,” City Manager Michael Roy said Thursday. “If there’s over-supply and under demand, that itself will weed out a certain number of businesses.”

Read more at centralmaine.com


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