Cannabis industry executives and other stakeholders have high expectations regarding Maryland’s launch of adult-use marijuana sales, which kick off Saturday.
And for good reason.
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The market will be the newest on the East Coast and one of the region’s largest, with recreational cannabis sales expected to approach $2 billion within a few years.
Like Missouri, the limited-license market will open with nearly every existing medical marijuana retailer, cultivator and processor converting their licenses to serve adult-use customers.
Nearly 100 MMJ dispensaries, for example, have converted to recreational license holders, according to state and industry data.
But they will continue to serve medical customers, too.
In one of several unique characteristics of the Maryland cannabis program, operators were required to convert to recreational licenses before July 1 – or they can’t open their doors.
Maryland retailers are expecting a busy weekend, with customer foot traffic expected to
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