Maine Committee Holds Hearing on Bill to Create State Bank That Would Issue Gold-Backed Transactional Currency
AUGUSTA, Maine (May 12, 2023) – Last week, a Maine committee held a hearing on a bill that would establish a state-chartered bank outside of the federal banking system authorized to issue transactional currency 100 percent backed by gold coins and bullion minted...
Maine Committee Holds Hearing on Bill to Authorize Investment of State Funds in Gold and Silver
AUGUSTA, Maine (Apr. 26, 2023) – On Monday, a Maine committee held a hearing on a bill to authorize the treasury to invest certain state funds in gold, silver, or other precious metals. This would create a way to help protect Maine funds from the impacts of inflation....
Maine Bill Would Allow CBD in Food Despite FDA Prohibition
AGUSTA, Maine (April 25, 2023) – A bill introduced in the Maine Senate would specifically authorize the use of CBD and THC as a food additive within the state, despite the ongoing federal prohibition on the same. Sen. Eric Brakey (R), Rep. David Boyer (R), and...