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Maryland’s attempt to promote diverse ownership in its medical cannabis industry has attracted more than 160 applications from firms seeking to score one of the state’s 14 new licenses.
More than a year after state lawmakers and Gov. Larry Hogan passed a law to boost participation by minority- and women-owned businesses, the Maryland Medical Cannabis Commission announced that competition will be fierce for four cannabis growing licenses and 10 for processing the plant into medical products.
Despite the healthy interest by companies, the new application process—like so many other milestones in Maryland’s medical marijuana market—has been marred by malfunction that regulators will work on fixing by Friday.
