Tag: cannabis
Federal banking rules make funding Maryland cannabis industry tricky
With less than a week left in Maryland’s legislative session, most elements of Maryland’s plan to create a legal market for cannabis have been decided. Bills on track to pass establish details like licenses to be allotted, the types of operators allowed, and provisions to create an equitable market for a likely billion-dollar industry.
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Cannabis interests compete for bill changes
More than 80 scheduled speakers and dozens of others converged on the House Economic Matters Committee Friday for one of the biggest days on the legislative calendar: a hearing on the omnibus bill to create a legal market for cannabis in Maryland. The speakers, some representing private industry, some speaking only on behalf of their own businesses, and some simply concerned Marylanders, came mostly to propose amendments.
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Cannabis regulations proposed ahead of legalization deadline
Maryland lawmakers introduced legislation Friday to create the framework for a legal cannabis market ahead of the July 1 start of legalization. Identical, cross-filed bills introduced in the House and Senate create a regulatory structure for Maryland’s new cannabis industry that includes rules for licensing, taxation and equity, among other things.
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Maryland’s legal cannabis market to be shaped by many hands
With lawmakers facing a July 1 deadline to provide a framework for the legal use, possession, and sale of cannabis after voters approved full legalization in November, it’s clear, just a week into the General Assembly session, that the task won’t be straightforward.
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State Roundup: Franchot farewell; Harris one of key votes in House Speaker gridlock
NEW PORTRAIT OF FRANCHOT AS HIS TENURE COMES TO AN END: On Thursday, a cast of characters from...
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Elected officials, community leaders urge voters to legalize cannabis
Members of the Maryland House of Delegates and community members, including retired law enforcement and former Baltimore Ravens player Eugene Monroe, said Thursday legalization of recreational cannabis would create new jobs and investment opportunities and save the state money by eliminating the incarceration of thousands of residents annually on marijuana possession charges.
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Senate considering how to make legal cannabis profitable
With the House of Delegates having passed proposals to legalize recreational marijuana, the Senate has taken up the issue with a decidedly different focus.
While bills in the Senate are also aimed at making recreational use legal, they want to make it profitable.
State should collect more data on cannabis, experts say
Dr. Susan Weiss, director of the division of extramural research at the National Institute on Drug Abuse, said in an email that collecting data on frequency of use, type of product and reasons for use is important.
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State Roundup: Hogan increases protective measures at nursing homes
With COVID-19 outbreaks at Maryland nursing homes, Gov. Hogan issues new emergency orders.
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Medical marijuana brought more than $10 million in tax revenue to Md. in FY 2019
@BryanRenbaum bryan@marylandreporter.com Medical marijuana produced more than $10 million in tax...
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