Tag: entrepreneurship
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Maryland fines cannabis dispensary, Cannabus, for failing to report ownership changes
The Maryland Cannabis Administration (MCA) has fined Cannabus, LLC for failing to report ownership changes in its annual reports. The company also violated state regulations by transferring a majority ownership interest in its license before it was legally allowed to do so. According to the Consent Order, Cannabus, LLC received a medical cannabis dispensary license…
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Long-awaited Maryland lottery awards first social equity cannabis licenses, two counties still delayed due to litigation
After a 73-day delay, Maryland held its first cannabis lottery for adult-use licenses on March 14, 2024. The lottery awarded 174 lucky applicants dispensary, grower or processor licenses. This was the first opportunity for new businesses to enter the market since adult-use cannabis was legalized last summer. Until now, only existing medical dispensaries that expanded to…
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Maryland to social equity cannabis license lottery goes live: WATCH NOW
WATCH the MCA cannabis license lottery live. The Maryland Cannabis Administration (MCA) announced lottery drawings for social equity cannabis licenses is being held. This is the first opportunity for new businesses to get adult-use licenses since legalization last summer. The lottery comes after a two and half month delay. It was supposed to be held…
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Maryland to hold social equity lottery this week for cannabis licenses despite lawsuits
The Maryland Cannabis Administration (MCA) announced last week that the lottery drawings for social equity cannabis licenses will be held on Thursday, Mar. 14, 2024. This is the first opportunity for new businesses to get adult-use licenses since legalization last summer. The lottery comes after a two and half month delay. It was supposed to…