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MD HB204

Bill

Official Source

Status

Introduced

1/8/2025

Primary Sponsor

Economic Matters

Click for details

Origin

House of Delegates

2025 Regular Session

AI Summary

  • Creates a new cannabis wholesaler license allowing entities to acquire, store, transport, and distribute cannabis products between other licensed cannabis businesses
  • Caps wholesaler licenses at 15 initially, with up to 10 additional licenses available in a potential second licensing round
  • Limits ownership to one wholesaler license per person, and prohibits wholesaler licensees from also owning grower, processor, or dispensary licenses
  • Requires $5,000 application fee for wholesaler licenses, with licensing and renewal fees reduced by at least 50% compared to standard license fees (which are capped at $50,000)
  • Prohibits wholesalers from growing, processing, dispensing, repackaging, or selling directly to consumers; effective July 1, 2025

Legislative Description

Cannabis - Wholesaler License - Establishment

Rules and Regulations

Last Action

Hearing 2/18 at 1:00 p.m.

1/16/2025

Committee Referrals

Economic Matters1/8/2025

Full Bill Text

No bill text available