Maryland Medical Cannabis News
Adult-use marijuana sales could grow by more than $1.5 billion a year if voters approve new recreational markets on the ballot this Election Day, but observers say that will prove difficult.
MJBizDaily will provide wide-ranging coverage of the Nov. 8 midterm elections, giving readers live updates on marijuana legalization ballot initiatives in five states as well as key congressional races that could influence federal MJ reform efforts on Capitol Hill.
Unlike 2020, the marijuana industry appears less likely to record a clean sweep of victories when residents in five states head to the polls during this year’s midterm elections to vote on adult-use legalization ballot initiatives.
Election results for 2022 marijuana-related ballot initiatives in Arkansas, Maryland, Missouri, North Dakota, and South Dakota.
Maryland voters appear likely next month to approve the cultivation and sale of recreational marijuana, but state lawmakers must the pass legislation establishing a regulatory framework governing the new market.
Multistate marijuana company TerrAscend Corp. has taken a senior secured term loan from cannabis real estate lender Pelorus Equity Group for gross proceeds of $45.5 million.
An adult-use marijuana legalization campaign backed by multistate operator Trulieve Cannabis encourages Maryland voters to say “Yes on 4” on the November ballot.
