TerrAscend Goes Vertical in Maryland Acquires High-Performing Medical Dispensary Located in Cumberland, MD Valuation Represents 5X 2021 EBITDA with Significant Projected Profitability Growth in 2022 TORONTO, April 11, 2022 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced... Read more
Maryland voters are set to have the ultimate say on whether or not the state should legalize recreational cannabis use for adults.  Lawmakers there earlier this month passed “a pair of bills setting a November referendum on whether the state should legalize the possession, personal use, and home cultivation... Read more
Black Baltimore has largely been left out of Maryland’s marijuana industry. Here’s how some are pushing to fix that.
Baltimore, which is 62% Black, has 10 dispensaries. Some are locally owned. Others are owned by multistate corporations. None have majority Black ownership. And only one dispensary is located in a Black neighborhood. Now, Maryland is poised to legalize adult-use cannabis, meaning more dispensaries, more jobs and more money.... Read more
A higher percentage of Maryland voters support legalizing cannabis than approve the job performance of President Joe Biden, according to a new poll out this week.  The findings, which come via the latest Goucher College Poll, could offer meaningful insight on both local and national politics, with a legalization... Read more
Faster legislation to legalize recreational marijuana attracts Maryland Senate support
Not every town is high on the idea of legalizing recreational marijuana for adults. But to opt out under the “Rhode Island Cannabis Act” introduced this week, towns would have to put the question on the ballot in November. Take Middletown, for example. Last year, the Town Council passed an ordinance that prohibits... Read more
On Friday, Maryland’s House of Delegates approved two bills designed to legalize recreational marijuana. Under the measures, Maryland voters will decide if marijuana should be legalized, leaving lawmakers to then draft the details for regulating a commercial cannabis industry. “We’re at the beginning of an important process where we... Read more
The legalization of adult-use cannabis in Maryland took another step forward on Wednesday with the advancement of two bills in the state’s House of Delegates.  The first measure, House Bill 837, would legalize possession of up to 1.5 ounces of cannabis for adults and create an equitable path to... Read more
Recreational marijuana bill advances in Maryland House
ANNAPOLIS, Md. (AP) — The Maryland House advanced legislation Wednesday to legalize recreational marijuana in the state, if voters approve a constitutional amendment in November. The House gave preliminary approval to two separate measures. The first would put the matter on the ballot. The second includes steps that would... Read more
Maryland lawmakers get first look at plan for full marijuana legalization
by Hillary Bricken, Principal at Harris Bricken Cannabis purchase order financing is gaining speed in the industry. Because of robust state regulation, high operational costs, high taxes, and the federal illegality of marijuana, a lot of cannabis businesses struggle financially in their day to day business operations. Approaches to... Read more
The Democratic leadership of Maryland’s House of Delegates last Thursday introduced a bill to legalize cannabis for adults. The measure, House Bill 837, would legalize possession of up to 1.5 ounces of cannabis for adults and create an equitable path to cannabis legalization, according to the sponsor of the... Read more
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