Maryland officials have announced that the first round of applications for new adult-use marijuana dispensary, cultivation and processing licenses will open on November 13—reserved exclusively for social equity businesses.
The Maryland Cannabis Administration (MCA) said on Friday that it will ultimately be accepting a total of 179 marijuana licensees following the 30-day application period, including 75 dispensaries, 16 growers and 32 processors.
That will more than double the number of retailers in the state, where currently only existing medical marijuana dispensaries that converted to dual licenses are serving adult consumers.
The application process for this round is also meant to promote diversity and prevent large businesses from dominating the adult-use market.
People can only be associated with one application per license type, and they’re restricted from submitting more than two applications altogether in a single round.
MCA additionally said it “will not award any licenses that would violate statutory ownership or control restrictions,” meaning people can apply for both standard and micro licenses, they can only be awarded one. Applicants also can’t receive more than one of the same license type in different regions of the state.
“Today’s announcement is another step forward in fulfilling Maryland’s commitment to building
Read full article on Marijuana Moment