What license holders and aspiring license holders need to know.
In Maryland, starting July 1, all adults 21+ will be able to
purchase cannabis from licensed dispensaries and Maryland's
cannabis industry will never be the same. The state is currently
preparing to launch this new program, to convert the current
medical cannabis industry to an adult-use market, and to fulfill
its goals for economic growth, representation, and social equity in
Maryland. Both existing license holders and aspiring new license
applicants need to be making preparations right now.
Existing medical cannabis license holders need to either convert to
adult-use licenses or sell their licenses by July 1st. Individuals
and businesses interested in applying for new cannabis licenses
need to prepare for the opening of the 30-day Round 1 application
period in September.
Austin Ownbey, Mike McQueeny, and Regina DeSantis discussed the Maryland
Cannabis Reform Act, its implementation, and what license holders
(and aspiring license holders) should know as deadlines
approach.
Download presentation materials here.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
