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Home»Business & Industry»Maryland Opens First Round of Adult-Use Cannabis Business Licensing
Business & Industry

Maryland Opens First Round of Adult-Use Cannabis Business Licensing

November 16, 2023Updated:December 6, 2024No Comments2 Mins Read
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Maryland Opens First Round of Adult-Use Cannabis Business Licensing
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The primary spherical of adult-use hashish licensing is open in Maryland. The primary spherical of licenses is put aside for social fairness candidates, outlined by -state regulation as firms with “a minimum of 65% possession held by a number of people who’ve been verified as social fairness candidates.” The state has already verified social fairness candidates eligible beneath the regulation.  

Moreover, social fairness candidates lived or went to public college in an space disproportionately impacted by the criminalization of hashish or attended a four-year establishment of upper schooling in Maryland the place a minimum of 40% of enrollees had been eligible for a Pell Grant. The state has beforehand printed the ZIP codes and public faculties in Maryland which might be inside a disproportionately impacted space, and the qualifying four-year establishments of upper schooling.  

The Maryland Hashish Administration will award as much as 179 licenses, together with 75 normal dispensaries, which can be distributed by county, and 16 normal growers, 32 normal processors, 24 micro growers, 24 microprocessors, and eight micro dispensaries, every of which can be distributed by area. Every applicant might apply for a number of license varieties however will solely be awarded one.  

The applying interval will shut on December 12. 

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