Maryland regulators released the guidelines for social equity applicant eligibility and information for an online verification portal in preparation for the upcoming adult-use cannabis business licensing application window.
Based on data from three state agencies, social equity applicants seeking cannabis business licenses in Maryland must control at least a 65% interest in the company and meet one of the following criteria:
Lived in a disproportionately impacted area for at least five of the past 10 years. Attended a public school in a disproportionately impacted area for at least five years. Spent at least two years at a four-year college or university in Maryland where at least 40% of enrollees received a Pell Grant.
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The third stipulation includes the University of Baltimore, Bowie State University, Coppin State University, Morgan State University, the University of Maryland, Eastern Shore and Washington Adventist University.
The Maryland Cannabis Administration
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