Md. General Assembly takes first step toward cannabis regulation

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Md. General Assembly takes first step toward cannabis regulation
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Here’s what’s in the new bill.

House Ways and Means Chair Vanessa Atterbeary and Economic Matters Committee Chair C.T. Wilson have taken up the legislation in the House chamber, and Senate Finance Committee Chair Melony Griffith and Education, Energy, and the Environment Committee Chair Brian Feldman will seek to usher it through the Senate.A questionable timeline

A round of new licenses would then be issued “on or before” Jan. 1. Those first licenses would be aimed specifically at diversifying the industry by getting them into the hands of business owners from areas that were “disproportionally impacted” by the war on drugs. It’s unclear, though, how soon before or after Jan. 1 those licenses would be issued.

“As we analyze the bill, we continue to work with House and Senate leaders to make improvements that achieve a first-in-the-nation equitable cannabis industry.”The bill as drafted would provide for “standard” licenses for up to 300 dispensaries, 100 processors and 75 growers. “Micro” licenses for smaller operations would allow up to an additional 200 dispensaries, 100 processors and 100 growers.

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