Maryland Medical Cannabis Business & Marijuana Legal News

CEO of multistate medical marijuana operator Green Thumb steps down

Peter Kadens, one of the more notable names in the U.S. cannabis industry, has stepped down as CEO of multistate medical marijuana company Green Thumb Industries (GTI). The 40-year-old entrepreneur, who will stay with Chicago-based GTI as a board member, told MassLive.com he was stepping down for personal and family reasons. Ben Kovler, who founded […]

Read More

As medical marijuana sales surge, Maryland licenses eight more dispensaries

Maryland’s medical cannabis sales are heading toward $100 million in their first year, so in an effort to help keep up with demand, the state approved licenses for eight new MMJ dispensaries this week. That will bring the number of retailers in Maryland to 65 – more than half the 102 retail outlets expected to open, The Baltimore […]

Read More

Maryland medical marijuana company has license reinstated

MaryMed has been given another chance at Maryland’s medical marijuana market after a judge ruled that the MMJ company likely didn’t violate the law. The Baltimore Business Journal reported the Dorchester-based company received preapproval from state regulators in 2016 to open cultivation, retail and processing operations. But the licenses were rejected after the state began […]

Read More

Maryland probing politically connected cannabis grower that allegedly used pesticides

Maryland regulators are investigating allegations that a cultivator with political ties to the governor illegally used pesticides in growing its medical marijuana. According to The Baltimore Sun, the investigation of ForwardGro, which is based in Anne Arundel County, was prompted by sworn allegations made by three former employees to the state’s General Assembly. ForwardGro denied the […]

Read More

Week in Review: Smokable flower in Florida, cannabis investing in Colorado & MMJ software woes in Maryland

A judge allows smokable medical marijuana in Florida, Colorado’s governor vetoes a bill to allow publicly traded companies to invest in cannabis businesses, and Maryland’s MMJ program experiences tracking software problems. Here’s a closer look at some notable developments in the cannabis industry over the past week. Smoking’s OK – or is it? Allowing the […]

Read More

Tracking software issues temporarily stall Maryland medical cannabis sales

Medical marijuana sales in Maryland slowed to a crawl last weekend because of a glitch in the state’s MMJ tracking system. The state’s tracking program provider, Florida-based seed-to-sale firm Franwell, blamed the slowdown on a new feature the company installed in its Metrc software, The Baltimore Sun reported. According to the newspaper, Franwell had introduced an […]

Read More

Maryland approves 7 more medical cannabis dispensaries

Maryland regulators approved seven additional medical marijuana dispensaries and one processor, their latest step to expand the state’s recently launched MMJ industry. The state now has almost 50 licensed dispensaries, The Sun reported. More than 40 are open, according to the newspaper, a sign that the state’s long-delayed MMJ program is gaining traction. Eventually, 102 MMJ […]

Read More

Maryland to issue more medical marijuana business licenses

Maryland lawmakers agreed to expand the state’s medical marijuana industry, in large part to resolve a conflict over minority representation in the business. Under the terms of a deal passed Monday by both chambers in the state legislature, Maryland regulators will award another 20 business permits – seven for cultivation and 13 for processing, the Baltimore […]

Read More

Week in Review: White House versus hemp, CA crackdown & Massachusetts’ MMJ shortfall worries

The Trump administration opposes nationwide hemp production, California takes action against unlicensed marijuana businesses, and Massachusetts fears a medical cannabis shortage. Here’s a closer look at some notable developments in the marijuana industry over the past week. Hemp sector fires back The hemp industry gasped this week when a Trump administration official said hemp production […]

Read More

Maryland medical cannabis businesses settle lawsuit that threatened program

A lawsuit that might have been disastrous for the Maryland medical marijuana industry has ended. The Baltimore Sun reported the suit, filed by Alternative Medicine Maryland, was settled Thursday after 16 months, removing a case that aimed to scuttle existing MMJ cultivation licenses and begin the application process once again. The MMJ company, which was […]

Read More

Kush Bottles teams with Merida, snags $6 million investment

Kush Bottles, a California-based cannabis packaging company, has entered a partnership with a Maryland-based marijuana infrastructure fund that includes a $6 million investment. According to a news release, Merida Capital Partners’ equity investment in Kush Bottles (OTC: KSHB) is intended to assist the Santa Ana company as it expands its product line, creates more distribution channels […]

Read More