Mainebiz

W W W. M A I N E B I Z . B I Z 7 JA N UA R Y 1 3 , 2 0 2 0 S T A T E W I D E YOUR GOALS ARE A BIG DEAL. TRUST THEM TO THE RIGHT TEAM. Amy Taylor, VP Cash Management Sales Officer Jack Lufkin, VP Senior Commercial Banking Relationship Manager Kimberly Twitchell, SVP Maine Regional President Mark Schaub, VP Commercial Banking Relationship Manager Jeremy Deering, SVP Senior Commercial Banking Relationship Manager Member FDIC Capital and Cash Management Solutions Local Perspective and Decision Making Working toward reaching your goals is easier when you have the help of an experienced team. For more than 160 years, we've been there for our clients and customers, providing customized guidance and personal service to assist you in turning goals and dreams into realities. Start a conversation with one of our local, experienced professionals today and see why the right team matters. For questions or more information, please call 207-808-4485 or visit nbtbank.com/ME Visit our upgraded office at 5 Widgery Wharf, 3rd floor Portland, Maine $14.5M will go toward senior housing Seven developments across the state will share $14.5 million in senior housing bond money, represent- ing 212 new affordable units for those 55 and holder, MaineHousing announced. e bond, combined with MaineHousing resources and other money, will generate $45.8 million to build the housing, the state's housing authority said. ree of the projects are being developed by Developers Collaborative, of Portland, represent- ing 93 units. e others are being developed by Housing Initiatives of New England, of Portland; Kennebec Valley Community Action Program, of Waterville and Augusta; Avesta Housing, of Portland, and Realty Resources, of Rockport and Bangor. e bond money was approved by vot- ers in 2015, but wasn't released until it was signed by Gov. Janet Mills after she took office a year ago. Maine hires new vendor to track marijuana sales Maine's Office of Marijuana Policy is negotiating with a new potential vendor, Florida-based Metrc LLC, to provide "track and trace" services for the state's medical and adult-use can- nabis market. e arrangement comes after OMP and BioTrackTHC, the original recipient of the con- tract, agreed to terminate it, citing the company's inability to meet the deal's requirements. Regulators are still aiming for a timely rollout of the adult-use marijuana program and do not expect any major setbacks because of the transition. Maine's medical and recreational marijuana market could be nearly $300 million by 2025, according to Portland-based Nucleus One Consulting. N O T E W O R T H Y S T A T E W I D E The U.S. Department of Health and Human Services Administration for Children and Families awarded $1.4 million to York County Community Action Corp. in Sanford and $1.1 mil- lion to Downeast Community Partners in Ellsworth for Head Start and Early Head Start programs. The Western Maine Community Action in East Wilton and Penquis in Bangor

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