Maryland’s medical marijuana patient pool is growing at a quick rate, providing increased revenue and opportunities for the state’s MMJ businesses.
The head of the Maryland Medical Cannabis Commission (MMCC) said state regulators are receiving more than 1,000 applications a week from would-be patients, according to the Hagerstown Herald-Mail.
- More than 50,000 patients have signed up for the program since regulators began registering patients Dec. 1, 2017.
- MMCC Executive Director Joy Strand anticipates the pool will max out at roughly 200,000 total patients.
- The state has 69 operating MMJ dispensaries, with a total of 102 expected to be licensed in the coming months.
- The growing market is expected to reach $100 million in sales for the first year.
- Much of the state has embraced the MMJ industry, but there some areas are still resistant to allowing businesses in.