The day has come: The Maryland General Assembly passed House Bill 556 and Senate Bill 516, which developed a framework for adult-use cannabis sales to begin on July 1, 2023.
MORE: A Timeline of Legalization and Decriminalization of Cannabis in Maryland
People age 21 and older can now buy cannabis products from licensed dispensaries as long as they show government-issued photo ID to prove their age.
The details, as passed into law:
- Medical cannabis stores will be able to get a dual license to sell recreational marijuana
- Additional licenses made available with an emphasis on equity
- The tax will be 9%.
- Adults 21 and over will be able to possess up to 1.5 ounces of cannabis and two marijuana plants.
- You can consume or smoke marijuana at home or in a private setting, but it’s illegal to use it in public places, including parks, streets, sidewalks, bars, restaurants, public transportation and places of employment.
- It’s also illegal to use cannabis inside a vehicle – whether you’re a driver or a passenger.
Learn more from the Maryland Cannabis Administration (MCA).
What does this mean for Maryland’s current medical dispensaries? Or for others looking to enter the cannabis market?
For those interested in applying for licenses, check out these key dates of interest.
Provide your information to the MCA if you would like to be notified when the license applications will be made available.
Learn more about our Cannabis Practice.
If you would like to discuss how these developments may impact your business or your business plans, including buying or selling a business, ancillary services or other related entities, contact our lead cannabis attorney Bill Huber to schedule a consultation.
