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MD SB221

Bill

Status

Introduced

1/8/2025

Primary Sponsor

Finance

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Creates a new "wholesaler" cannabis license allowing entities to acquire, purchase, store, transport, and distribute cannabis between other licensed cannabis businesses in Maryland

  • Caps wholesaler licenses at 15 initially, with an additional 10 available in a potential second licensing round based on disparity study outcomes

  • Limits ownership to one wholesaler license per person, and prohibits wholesaler licensees from also holding grower, processor, or dispensary licenses

  • 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

  • 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

Committee Referrals

Finance1/8/2025

Full Bill Text

No bill text available