Maryland Officials Expect to Award Preliminary Marijuana Licenses Within Weeks
July 13, 2016
The 15 marijuana growers and the first wave of processors that together will launch Maryland’s medical marijuana industry could be chosen as soon as Aug. 5, state officials announced Tuesday.
The licensing decisions come after months of delay for the hundreds of applicants seeking to grow and process medical marijuana in Maryland. The initial plan was to issue licenses by February.
State lawmakers crafted a program with a limited number of suppliers and a wide base of potential customers, attracting more than 1,000 investors.
The program has been slow to get off the ground; the highly competitive applications have been undergoing a review and ranking by Towson University’s Regional Economic Studies Institute since December.