Maryland Gov. Signs Cannabis Legalization Bill

May 5, 2023 · Ganjapreneur

Maryland Gov. Wes Moore (D) on Wednesday signed the bill to legalize cannabis in the state, Maryland Matters reports. After signing the legislation Moore said it will “ensure that the rollout of recreational cannabis in our state drives opportunity in an equitable way.” 

Will Tilburg, acting director of the newly created Maryland Cannabis Administration, said the agency is “working quickly to implement the legislation and develop Maryland as a model for equity and safety in cannabis regulation.”

Moore’s final approval of the legislation came two days after his administration announced that the governor had created a blind trust for his assets, which included about $1.2 million in stock for Chicago, Illinois-based cannabis company Green Thumb Industries.

Don Murphy, a former Republican lawmaker from Baltimore County who now serves as the director of federal policies for the Marijuana Policy Project, said he would have preferred a bill with “no limits” on the number of cannabis licenses allowed in the state.

“Let the market decide,” he told Maryland Matters. “If you want equity applicants to benefit, they have to get in the game. When you limit the number of people who can get in the game, they’re just always going to be underrepresented.” (Full Story)

Next Post

High times: How Texas stumbled into a legal cannabis market and what it could mean for pot

Walk into a gas station or smoke shop and you’ll see them on the shelf, packaged in colorful boxes with flavors like fruity pebbles, magic mango and grape ape gusher. Like marijuana, these cannabis-based products deliver a high. But unlike marijuana, these…
Read
Previous Post

Federal Marijuana Records Would Be Automatically Sealed Under New Bipartisan Congressional Bill

Bipartisan congressional lawmakers have filed a bill to mandate the automatic sealing of criminal records for certain non-violent federal marijuana convictions. Reps. Lisa Blunt Rochester (D-DE) and Nancy Mace (R-SC) reintroduced the Clean Slate Act last week. The measure would…
Read
Random Post

MindMed Board Battle Continues with Competing Shareholder Bids

Both parties accused each other of not understanding FDA processes. After psychedelic drug company Mind Medicine (Nasdaq: MNMD) released a detailed letter to shareholders pushing back against an attempted board coup by a company called FCM MM Holdings, FCM responded…
Read
Random Post

Erykah Bud-u: R&B Singer Announces Strain in Partnership with Cookies

R&B singer Erykah Badu is branching out into cannabis with a new strain that will be exclusively available at Cookies stores starting in Caliifornia. She discusses the Limoncello variety grown by Mad Cow Genetics and the partnership with Cookes co-founder Berner on YouTube. In the…
Read
Random Post

New Mexico Governor Touts $300 Million In Adult-Use Marijuana Sales In The First Year Since Market Launched

The governor of New Mexico is marking the one-year anniversary of the state’s adult-use marijuana market, touting its more than $300 million in sales since last April as well as the thousands of jobs the cannabis industry has created. Gov.…
Read
Random Post

The reality of legal weed in California: Huge illegal grows, violence, worker exploitation and deaths

At sunset from atop Haystack Butte, the desert floor below shimmers with a thousand lights. Illegal cannabis farms. At this hour and distance, serene hues cloak the rugged enclave of Mount Shasta Vista, a tense collective of seasonal camps guarded…
Read