Maryland Issues First Medical Marijuana License

In August 2016, the Maryland Medical Cannabis Commission granted 15 pre-approval licenses to marijuana companies that submitted applications. Almost a year later, the commission is awarding the state’s first full license to grow medical marijuana. The commission granted the license to ForwardGro LLC, one of Maryland’s premier medical marijuana growers that uses an energy-efficient and sustainable greenhouse to produce the most consistent product. ForwardGro still requires their dispensaries to be fully inspected and licensed before they can start selling cannabis products, which they hope to start by early fall. However, this move is not only huge for ForwardGro but also for the commission, since it’s been experiencing repeated delays and concerns about the fairness of the licensing process.

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When marijuana edibles hit Canadian cannabis dispensary shelves later this year, you can expect them to be taxed based on how strong they are. Canada's recently released federal 2020 budget proposes to tax marijuana edibles based on the amount of THC they contain. THC is one of the active ingredients in cannabis and the one most associated with producing the plant's signature high.

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