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MD SB221
Bill
AI Summary
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Creates a new "wholesaler" cannabis license allowing entities to acquire, purchase, store, transport, and distribute cannabis between other licensed cannabis businesses in Maryland
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Caps wholesaler licenses at 15 initially, with an additional 10 available in a potential second licensing round based on disparity study outcomes
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Limits ownership to one wholesaler license per person, and prohibits wholesaler licensees from also holding grower, processor, or dispensary licenses
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Sets the application fee for wholesaler licenses at $5,000, with licensing and renewal fees reduced by at least 50% compared to standard cannabis licenses
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Prohibits wholesalers from growing, processing, dispensing, repackaging, selling directly to consumers, or importing/exporting cannabis across state lines; effective date July 1, 2025
Legislative Description
Cannabis - Wholesaler License - Establishment
Rules and Regulations
Last Action
Hearing 1/30 at 1:00 p.m.
1/14/2025