Tycoons and Others Are in Frenzied Race to Win Pa. MMJ Licenses

March 13, 2017
philly.com
State by State: Pennsylvania

Multimillionaires and aspiring entrepreneurs are hustling round the clock for a shot at the pot of gold that could come with a state license to grow, process, and distribute medical marijuana in Pennsylvania. The race, says a Main Line businessman right in the thick of it, has become “insanely” competitive.

RELATED: McKeesport (Pa.) OKs Plans for MMJ Cultivation, Processing Facility

The maneuvering is particularly frenzied -- and ferocious -- in this region, with eight counties in Southeastern Pennsylvania, designated to receive only two of the first 12 grower/processor licenses being issued under the medical-marijuana law enacted last year.

Among the known aspirants are an automotive-repair chain magnate, the daughter of the late Flyers owner Ed Snider, and a prominent Delaware County real estate family.

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