Read more about the article MCA Guidance Clarifies, Expands County Flexibility in Cannabis Regulations
Courtesy of Maryland Cannabis Administration
Cannabis / County News / Feature / Planning and Zoning
MCA Guidance Clarifies, Expands County Flexibility in Cannabis Regulations

The Maryland Cannabis Administration (MCA) has released new zoning guidance following the passage of HB 805 during the 2024 legislative session. This legislation, effective June 1, 2024, offers counties expanded flexibility in regulating cannabis business locations while ensuring consistency across the state. Standard Dispensaries: Local Authority and Restrictions Standard dispensaries are storefronts that sell cannabis products to consumers and are subject to specified zoning requirements. The MCA has limited the number of dispensary licenses per…

Comments Off on MCA Guidance Clarifies, Expands County Flexibility in Cannabis Regulations
September 5, 2024
Read more about the article From Opioid Settlements to Cannabis Taxes: Managing Targeted Funds at #MACoCon
Senator Cheryl Kagan
Cannabis / County Budgets / Health and Human Services / Summer Conference / Taxes and Revenues
From Opioid Settlements to Cannabis Taxes: Managing Targeted Funds at #MACoCon

At the MACo Summer Conference, an expert panel provided a detailed overview of how counties can responsibly manage and allocate new revenue from adult-use cannabis and opioid restitution, highlighting permissible and restricted uses. In the wake of opioid settlements and the legalization of cannabis, counties face the challenge and opportunity of managing new revenue streams. These funds present a unique chance to address pressing local needs, from public health initiatives to community development projects. However,…

Comments Off on From Opioid Settlements to Cannabis Taxes: Managing Targeted Funds at #MACoCon
August 21, 2024
Read more about the article New Money, New Strings: Taming Targeted Funds
Cannabis / County Budgets / County News / Health and Human Services / Summer Conference
New Money, New Strings: Taming Targeted Funds

In the wake of opioid settlements and the legalization of cannabis, counties face the challenge and opportunity of managing new revenue streams. These funds present a unique chance to address pressing local needs, from public health initiatives to community development projects. However, the complexities of permissible and restricted uses require careful navigation to maximize their impact. MACo Summer Conference Session: New Money, New Strings: Taming Targeted Funds As counties grapple with the complexities of emerging…

Comments Off on New Money, New Strings: Taming Targeted Funds
July 23, 2024
Read more about the article Montgomery Council OKs Commission to Allocate Cannabis Revenue
Cannabis / County Budgets / County News / Summer Conference
Montgomery Council OKs Commission to Allocate Cannabis Revenue

This week, the Montgomery County Council passed Bill 4-24, establishing the “Community Reinvestment and Repair Fund Commission." This commission, consisting of 13 voting members drawn from impacted communities, will advise on the allocation of tax revenue from the sale of cannabis. Lead sponsors Council Members Kristin Mink (center), Will Jawando (left), and Laurie-Anne Sayles (right) held a press conference with community advocates and service providers to discuss the significance of the bill’s passage. Based on…

Comments Off on Montgomery Council OKs Commission to Allocate Cannabis Revenue
July 17, 2024
Read more about the article Maryland’s Q1 Cannabis Tax Revenue Climbs to $14.6 Million
Cannabis / County News / Summer Conference / Taxes and Revenues
Maryland’s Q1 Cannabis Tax Revenue Climbs to $14.6 Million

Last week, Maryland Comptroller Brooke Lierman announced that the State of Maryland collected more than $14.6 million in adult-use cannabis sales tax revenue between January and March 2024, a slight increase over revenues from October through December 2023. Adult-use cannabis and cannabis products carry a 9 percent tax. The revenue supports several funds as outlined by the Cannabis Reform Act of 2023, which legalized personal cannabis use for adults over 21. State law mandates that…

Comments Off on Maryland’s Q1 Cannabis Tax Revenue Climbs to $14.6 Million
July 1, 2024
Read more about the article Feds Move to Reclassify Cannabis: Here’s What That Means for the Industry
Cannabis / County News / Feature / Intergovernmental Relations / News You Can Use / Policy Deep Dive / Taxes and Revenues
Feds Move to Reclassify Cannabis: Here’s What That Means for the Industry

The US Drug Enforcement Administration’s move to reclassify cannabis from a Schedule I substance to a Schedule III substance has broad implications, from paving the way for more informed research on cannabis and its effects to providing significant tax benefits for companies in the cannabis industry to opening up financial services for the cannabis industry. In this week’s Policy Deep Dive, Conduit Street examines some of the broad implications of reclassification on the cannabis industry.…

Comments Off on Feds Move to Reclassify Cannabis: Here’s What That Means for the Industry
May 10, 2024
Read more about the article 2024 Session: Recap and Wrap-Ups
Cannabis / County Budgets / County News / Economic Development / Education / Elections / Emergency Management / Employee Benefits and Relations / Energy / Environment / Feature / Finance and Procurement / General Assembly News / Government Liability and Courts / Health and Human Services / Housing and Community Development / Information Technology / Intergovernmental Relations / News You Can Use / Parks and Recreation / Pensions & Public Funds / Planning and Zoning / Public Information and Ethics / Public Safety and Corrections / School Construction and Capital Budgets / State Budget and Fiscal Issues / Taxes and Revenues / Transportation and Public Works
2024 Session: Recap and Wrap-Ups

Catch up on all of the latest outcomes of the 2024 Maryland General Assembly session with wrap-ups on important county-related bills in each policy area. Maryland’s 446th legislative session convened amidst a substantial concern over the State’s fiscal situation, with weakened revenues and cost increases for many services at every level of government. Despite the budgetary limitations, many policy issues received a full debate, with many resolutions arising from the 90-day annual process. MACo’s legislative…

Comments Off on 2024 Session: Recap and Wrap-Ups
April 12, 2024
Read more about the article Maryland Cannabis Administration Awards First-In-The-Nation Social Equity Business Licenses
Source: Maryland Cannabis Administration
Cannabis / County News / News You Can Use
Maryland Cannabis Administration Awards First-In-The-Nation Social Equity Business Licenses

On Thursday, March 14, the Maryland Cannabis Administration conducted a lottery for 174 social equity business licenses across micro and standard grower, processor, and dispensary categories. The lottery, which was live-streamed on the Maryland Cannabis Administration's website, is the first application round in the nation that is designated exclusively for social equity applicants across all license types and categories. "The social equity license lottery expands Maryland's cannabis industry and provides social equity businesses with new…

Comments Off on Maryland Cannabis Administration Awards First-In-The-Nation Social Equity Business Licenses
April 5, 2024
Read more about the article My County Just Received Cannabis Funds…What’s This For, Again?
Cannabis / Health and Human Services / Housing and Community Development
My County Just Received Cannabis Funds…What’s This For, Again?

The State recently made distributions to counties through the State's Community Reinvestment and Repair Fund, refined as part of last year's cannabis implementation bill. Here's the breakdown of where those dollars come from, how they're being sent to counties, and their uses. Counties recently received a late 2023 State distribution related to the newly minted administration of adult-use cannabis products - commercially available in Maryland through converted medical facilities since July 2023. Some counties that…

Comments Off on My County Just Received Cannabis Funds…What’s This For, Again?
January 23, 2024
Read more about the article Maryland Cannabis Administration Releases 2023 Sales Data, Launches Interactive Data Dashboard
Source: MCC
Cannabis / County News
Maryland Cannabis Administration Releases 2023 Sales Data, Launches Interactive Data Dashboard

The Maryland Cannabis Administration released year-end sales data for 2023 and launched a Medical and Adult-Use Data Dashboard. The data dashboard provides site visitors with interactive maps, sales and volume figures, and graphs that allow users to explore a wide range of data formatted in aggregate sales, licensing, and patient data. Sales Data December marks the highest-grossing month since adult-use cannabis legalization took effect on July 1, 2023. Monthly retail sales surpassed $96 million, with…

Comments Off on Maryland Cannabis Administration Releases 2023 Sales Data, Launches Interactive Data Dashboard
January 12, 2024
Newer Posts
Older Posts