MD to study legalizing adult-use marijuana in 2020, signaling no action this year

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Maryland lawmakers have formed a bipartisan group to study the possibility of legalizing recreational cannabis in 2020 through legislation or referendum.

The functioning group’s formation indicates that legalization legislation introduced earlier this month is not probably to pass this year, according to The Baltimore Sun.

Bills to legalize adult-use marijuana not too long ago had been introduced in the Maryland Senate and Residence, with hearings scheduled for Feb. 26 and March six, respectively, according to legislative calendars.

Residence Speaker Michael Busch, a Democrat from Annapolis, was quoted as saying he wanted legislators to “understand all of the complexities of legalization” prior to moving forward.

The functioning group will examine the following, amongst other troubles:

  • The greatest way to license and tax the business.
  • How to assure market place participation by smaller enterprises, girls-owned enterprises and minority-owned firms.

Maryland is a small far more than a year into a healthcare marijuana business that generated almost $100 million in sales in its initial 12 months.

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Categories: Briefs, Legal &amp Regulatory News for Marijuana Organizations, Maryland Healthcare Cannabis Enterprise &amp Marijuana Legal News, United States

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