ANNAPOLIS, MD (February 3, 2023) – The Maryland Wholesale Medical Cannabis Trade Association (CANMD) Executive Director Joy Strand released the following statement today on the introduction of House Bill 556 and Senate Bill 516 to implement Adult Use in the State of Maryland. “The Maryland Wholesale Medical Cannabis Trade Association (CANMD) is committed to working [...]
Maryland Secretary of State John Wobensmith officially certified an adult-use cannabis legalization measure for the state’s November ballot Aug. 2. Elections officials finalized the language for the referendum, as well as issued a formal summary of the proposal, which was initiated by the General Assembly earlier this year. Read More Via Cannabis Business Times
“As the state’s medical cannabis regulator, we receive a lot of calls, emails, other correspondence from patients and parents concerned about what they think are medical cannabis products,” Tilburg said. “In actuality, they end up being Delta-8 THC products. … They are untested, unregulated and it’s unknown largely what is within them.” He said [...]
Curio Wellness, a vertically integrated Maryland medical cannabis company, gives us an example of how this franchising model could operate. Curio created a social-equity fund that would allow applicants to own the franchise. The 30-million-dollar fund will be able to provide up to 93 percent of the startup capital needed for a location, meaning that the applicant needs much [...]
Ian Wright was born severely autistic. By the time he was 25 he was on 15 medications and almost catatonic, his mom Michelle Wright said. She said medical cannabis changed Ian and his family’s life. Michelle is so convinced of the medicinal benefits of cannabis she earned a Master of Science in Medical Cannabis Science [...]
A congressional committee held a hearing on Thursday to address the unique financial challenges that small and minority-owned businesses face as the economy recovers from the COVID pandemic—with a particular focus on how those struggles have played out in the marijuana industry under federal prohibition.The House Financial Services Subcommittee on Consumer Protection and Financial Institutions, [...]
2021 was a big year for Maryland’s cannabis industry. The state now has roughly 150,000 patients signed up for its medical cannabis program and regulators estimated in December that industry revenue in 2021 would clear $600 million. More multi-state operators are entering the market here and adult-use recreational cannabis is expected to be a major issue in the upcoming [...]
Water isn’t getting any easier to find in parched Western U.S. states, so outdoor marijuana and hemp producers are looking for solutions that will help them get through the season. Even when the West isn’t embroiled in a record drought year, water use is often restricted for cannabis cultivators, said Julie Jacobson, CEO of Aster [...]
The U.S. House of Representatives passed a defense budget bill Thursday night that includes landmark legislation to make it easier for banks to serve cannabis businesses, but it appears a long shot that the U.S. Senate will follow suit and approve some form of the SAFE Banking Act. The full House passed the National Defense [...]
From wildfires to drought to hurricanes, a changing climate means more extreme weather for cannabis companies up and down the supply chain. But no one is more directly impacted by these changes than marijuana growers. Depending on where a grow operation is located, the challenge that climate change presents is different. Read more via MJBizDaily
