Cash-strapped governments around the country have found a silver lining in the pandemic-caused loss of tax revenue. Legalized marijuana has provided millions to state and local governments - in some cases, millions more than anticipated.

The ability to raise tax dollars has been a selling point for marijuana legalization from the beginning. Long before the state legislature approved adult-use sales, Illinois politicians hoped marijuana could help the state pay off some of its massive debt. Other states, such as Colorado, have used sales tax dollars to fund schools and public improvement projects and programs.

Yep, you read that right: you can now get paid to study cannabis! Cannatech healthcare company Veriheal just announced a $20,000 Innovation in Cannabis scholarship for students pursuing cannabis degrees. 

The scholarship first launched in 2020, but last year only gave out $10,000 in scholarship awards. This year, it has been doubled to offer 20 $1,000 scholarships to those who qualify. 

A recent poll released on Tuesday shows that two-thirds of Maryland adults support the legalization of recreational marijuana. The results of the Goucher College Poll come as the state’s lawmakers consider bills that would legalize cannabis for adults and expunge past convictions for some marijuana offenses.

State lawmakers in Maryland’s House of Delegates are considering a bill that would legalize marijuana and expunge convictions for some past cannabis offenses. The measure, House Bill 32 (HB 32), went before the House Judiciary Committee at a legislative hearing on Tuesday.

Legislators are debating whether or not to pass a bill that will increase the amount of marijuana that can be possessed, from 10 grams to 1 ounce.
This states that a person in possession of less than 1 ounce of marijuana, will not face criminal charges, but a civil offense.

The debate about marijuana has been on-going for years, and with some delegates coming into office who state officials say, are more progressive and this bill could have a chance to pass.

However Maryland delegate, Wayne Hartman, representing District 38 says, one of the biggest concerns that comes with allowing someone to have a larger amount of marijuana is  impaired driving, and less productivity among people who use marijuana.

The Maryland Department of Agriculture has adopted new regulations that will expand the state’s industrial hemp program. The new regulations bring the state’s program into compliance with provisions of the 2018 U.S. Farm Bill, and will establish industrial hemp as an agricultural commodity.

The timeline of cannabis in America is certainly a tumultuous one. From being spiritually and ritualistically used by Native Americans, to being vilified and criminalized by early 1900’s government officials leading to a 75 year prohibition, to an explosive “war on drugs” that had a choke hold on American culture for over two decades, marijuana and its users have been on a seriously wild ride.

Maryland’s medical marijuana industry started off slowly but found a bit of success with sales approaching over $100 million in the first year alone. While the debate over the decriminalization of recreational marijuana still rages in the state, medical marijuana—legalized in 2017—has certainly made its mark. Since then, a series of strict rules for obtaining it for medical use have appeared alongside numerous dispensaries specializing in providing medical marijuana to eligible patients.

A Detailed Look at Cannabis Sales in Illinois, Maryland and Massachussetts

We are pleased to share with our readers overviews on three Eastern cannabis markets compiled by BDSA for the month of April. BDSA offers a full understanding of the evolving cannabis market though several offerings, including its GreenEdge Retail Sales Tracking, Consumer Insights, Industry Intelligence and CBD Market Monitor divisions.