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Businesses vie for Maryland's marijuana licences

Fifteen cultivation licences up for grabs in an emerging industry that is worth billions in the US

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.


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...