You are here

Businesses vie for Maryland's marijuana licences

Fifteen cultivation licences up for grabs in an emerging industry that is worth billions in the US
Monday, June 27, 2016 - 05:50

BT_20160627_CPGROW_2354969.jpg
Marijuana sales in Maryland are expected to total US$9.7 million in the first year, likely starting in mid-2017, and reach US$60 million by 2020.

Washington

NEARLY 150 businesses are competing for up to 15 marijuana cultivation licences in the state of Maryland that will be awarded starting this summer, the first footholds in an emerging industry that is already worth billions nationally.

Very few applicants have publicly

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom