Cheech and Chong Dispensary in Portland, Maine, Has Closed

You've probably heard someone say "there's a dispensary around every corner" when it comes to Maine .

The marijuana industry in Maine boomed quickly with business opportunities for both recreational and medical. Total cannabis sales between the two sectors approached $500 million in 2023.

But the past couple of years have been a different story . Experts say the marijuana industry in Maine has reached a maturation point. There's market saturation, prices have begun falling and some larger operations are swallowing up smaller ones.

If you need some proof, look no further than a recently closed dispensary in one of the busiest business districts in Maine.

Cheech & Chong's Dispensoria in Portland, Maine, Has Permanently Closed

In October of 2024 , the city of Portland was buzzing be