State Roundup, August 14, 2017

RX POT GROWERS’ DEADLINE: Maryland’s beleaguered medical marijuana industry faces a critical deadline today, when companies the state has selected to grow the plant are required to be operational. Those that are not ready risk losing their lucrative licenses, reports Erin Cox for the Sun.

OYSTER DEBATE: In Annapolis, politicians, scientists, environmentalists and watermen debate the effectiveness of what has been called the largest oyster restoration project on Earth, Alex Mann of the Annapolis Capital writes. Driving the debate are Maryland’s watermen, professional fishermen who are the living legacy of generations who have worked the Chesapeake Bay. Backed by Gov. Larry Hogan, they are questioning the validity of sanctuaries and want them opened to harvesting that would support their businesses and families.

JUST RIGHT FUND MANAGEMENT: The state’s retirement agency pays out more in benefits each year than it takes in from employee contributions and state and local governments. In good years, that gap is closed by investment income. In bad years, the agency withdraws funds from its $49 billion in assets. While some may criticize the caution state fund managers take in their investments, its a formula that works, opines Barry Rascovar for MarylandReporter.

 

READ MORE HERE: http://marylandreporter.com/2017/08/14/state-roundup-august-14-2017/