March 8, 2018 | By Morgan Eichensehr
Michael Mayes was featured in the Baltimore Business Journals. Maryland’s house of delegates passed legislation that will require to make the state’s cannabis commission more diverse.
Cannabis in Maryland
The bill has passed in the house with 121 supporting votes. Called the Natalie M. LaPrade Medical Cannabis Commission Reform Act, the bill is a top priority. The bill’s purpose was to include more women and minority business leaders in Maryland’s cannabis industry. It passed with support from the Legislative Black Caucus and both republicans and democrats.
Maryland’s cannabis industry has the possibility to very lucrative. Consequently, Michael says, “Maryland’s early marijuana market could be worth about $6 million.”
The bill now moves on to the Senate where it will stay a top priority. It also will link the cannabis industry to trade associations to provide training opportunities. The Department of Labor will also be involved to assist in job placement.
Also, the bill restructures Maryland’s cannabis commission. The cannabis commission’s would have an executive director overseeing eight commissioners. The members of the commission could not have any outside ties to the government or the marijuana industry. The commission would also represent the racial and ethnic background of Maryland. Cannabis companies would submit report info on the diversity in their company.
As a result of the bill, medical cannabis for those involved in the Veterans Administration Maryland Health Care System or the Maryland Medical Assistance Program provides marijuana and a free or discounted rate.
Quantum 9 is a marijuana consulting firm that specializes in obtaining cannabis licences. Quantum 9 works with investors, entrepreneurs, patients and employees to make sure they have the necessary resources in place to be successful. They have worked in Maryland’s cannabis industry as well as other states. For more information on Quantum 9 and to learn more about other services they offer, click here.
